In this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.
<liUnderstand the latest enacted tax law changes</font
</li<liUnderstand strategies and techniques to use in light of tax changes</font
</li<liUnderstand current cases and rulings affecting individuals and businesses</font </li</ul</ul
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liTimely coverage of breaking tax legislation</font
</li<liSchedules K-2 and K-3 reporting requirements and transitional filing relief</font
</li<liForeign Tax Credit considerations</font
</li<liForm 7203, S Corporation Shareholder Stock and Debt Basis Limitations</font
</li<liDonor Advised Funds</font
</li<liResidency and Domicile</font
</li<liSelling a principal residence, including tax planning strategies</font
</li<liThe SECURE Act 2022 Proposed Regulations</font
</li<li2022 Changes to §163(j) and §174 Research and Experimental Expenditures</font
</li<liThe Independent Contractor vs. Employee Conundrum continues – Department of Labor Final Rule reinstated</font
</li<liA comprehensive overview of virtual currency, including important tax considerations in light of increased IRS sccrutiny</font
</li<liState of the IRS — plans to reduce the backlog of returns due to COVID-19</font
</li<liTemporarily increased business meals deduction</font
</li<liSection 162(m) Executive Compensation</font
</li<liPractice aids, including all the numbers applicable for the current year — inflation-adjusted amounts, mileage rates, retirement contributions, and more</font
</li<liAdvanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas</font </li</ul</ul
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Experience with individual and business clients
Accounting and Finance Professionals who need to know the latest tax law changes in all areas of practice, whether newly licensed or a seasoned professional