December 5, 2023


Live Webcast


8 CPE

Best Individual Income Tax Update (in collaboration with the FICPA)

December 5, 2023
Live Webcast
8 CPE

Best Individual Income Tax Update (in collaboration with the FICPA)

Learning Objectives

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

Major Topics

Timely coverage of breaking tax legislation

Foreign Tax Credit considerations

Schedules K-2 and K-3 reporting requirements and transitional filing relief

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 – Department of Labor Final Rule reinstated

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

CPE Credits Available

8 CPE
8
Taxes

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Tax
  • Taxation

Prerequisites

Experience in individual tax planning

Intended Audience

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

Provider

*Maryland

This event has ended.