23SS-0087: The Best Individual Income Tax Update Course by Surgent (Self-Study)

Valid for one year from purchase date
Self-study - On-Demand
8 CPE (8 technical)  |  8 CFP  |  8 IRS CE

This highly informative course comprehensively covers all the latest tax law developments. The focus is on individual taxation and discussion of the planning opportunities practitioners need to understand to help clients respond effectively. You will come away from the course with the up-to-date knowledge to educate your individual tax clients and implement tax-saving ideas that will serve their ever-evolving needs. This course is continually updated to reflect enacted legislation. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BFTU.

Major subjects

• Coverage of The SECURE 2.0 (Hurricane Ian)
• Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations
• Donor Advised Funds
• Residency and Domicile
• Selling a principal residence, including tax planning strategies
• A comprehensive overview of virtual currency, including important tax considerations in light of increased IRS scrutiny
• The SECURE Act 2022 Proposed Regulations
• Real Estate professional requirements
• The Independent Contractor vs. Employee Conundrum continues - New DOL proposed rulemaking
• State of the IRS - plans to reduce the backlog of returns due to COVID-19
• Review of pertinent cases and rulings affecting taxpayers
• Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
• Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas

Learning objective(s)

• Understand strategies and tactics to use in light of new legislation
• Understand the most current guidance on retirement planning
• Understand how to nail down valuable deductions and other reductions to the tax base

Who should take this program?

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their individual clients

Fees

Standard Member Fee	$199.00
Standard Nonmember Fee	$199.00