2024 Federal Tax Update for Individuals with Doug Van Der Aa

Overview

This program will address recent legislation, rulings and developments affecting individual taxpayers and provide practitioners with a comprehensive update for the upcoming tax season.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Prerequisites

Basic working knowledge of individual taxation

Objectives

• Apply the knowledge of the latest tax developments, rules and regulations impacting individual taxpayers

Highlights

• Recent federal tax legislation, cases and rulings affecting income of individual taxpayers
• Review changes to Form 1040 and its related schedules
• Gross Income, wages, Schedule C and Schedule E
• Itemized deductions
• Self-employment health insurance deduction
• Capital gain and losses, royalties, alternative minimum tax revisions, rate changes, and other legislative provisions
• Tax planning