Overview
Stay up to date with the ever-evolving realm of individual income taxation in this essential course tailored for tax practitioners seeking to enhance their knowledge. This course offers an in-depth review of the complexities surrounding Form 1040 for the current tax year. Delve into the recent changes and updates within the tax code, providing you with a comprehensive understanding of the shifting tax landscape. Our course ensures you are well-prepared to assist your clients by navigating the most recent tax changes, regulations, and guidelines.
Prerequisites
A general understanding of filing IRS Tax Form 1040
Objectives
- Discuss how to complete IRS Form 1040 and other individual income tax returns for the tax season.
- Identify and apply recent changes and updates in the tax code to ensure accurate and compliant tax filings.
Highlights
- In-depth exploration of crucial IRC Sections.
- Thorough assessment of recent changes and updates in individual income taxation.
- Unveiling new credits, deductions, and tax relief opportunities.
- Addressing complex income issues.
- Analyzing income and exclusions related to specific tax scenarios.
- Comprehensive examination of itemized deduction intricacies.
- Navigating health-related considerations.
- Maximizing benefits from tax incentives and deductions.
- Grasping the implications of recent regulatory shifts.
- Delving into specific tax planning strategies.
