Overview
Save time and keep current on the latest tax developments. This comprehensive course covers all legislative, judicial, and IRS developments of the past year with a focus on implementation and compliance. Discover how to effectively and confidently complete tax planning and compliance engagements. Cover current developments affecting individuals (including those regarding income, deductions and losses, tax calculations, individual credits, filing matters), business entities (including those regarding S corporations and their shareholders, C corporations, partnerships), estates and trusts, retirement plans, and more.
Prerequisites
Two years of tax experience
Objectives
- Identify planning strategies and compliance actions resulting from the latest changes to federal tax statutes, regulations, cases, and rulings.
- Identify new and expiring business tax credits.
- Recognize the impact of new final and proposed regulations relating to corporations, partnerships, S corporations, estates and trusts, and individuals.
Highlights
Strategies for tax savings
Business entity changes
IRS administrative issues, compliance, and new forms
Court cases settled in the last year that provide tax return guidance
Position authority
IRS rulings, procedures, and notices for the last year
New, updated, and expiring tax deductions and credits
