February 5, 2025


Webcast Replay


8 CPE

Intermediate Individual Taxation - Tax Staff Essentials

February 5, 2025
Webcast Replay
8 CPE

Intermediate Individual Taxation - Tax Staff Essentials

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    Instructor

    Bill
    Harden

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Learning Objectives

  • Determine the various items that should be included or excluded in an individual’s gross income and their proper tax treatment.
  • Recognize how material participation affects the taxation of an activity.
  • Identify and calculate the business deduction for home office expenses and deduction limitations on vacation homes and other ordinary business expenses.
  • Recognize the tax implications of having rental real estate classified as an active or passive activity.
  • Determine the amounts allowable for deducting travel, transportation, and meals expenses.
  • Determine the appropriate tax treatment of certain self-employed retirement plan distributions and rollovers.
  • Calculate the qualified business income deduction.

Major Topics

  • Gains and losses on property transactions
  • Fringe benefits
  • Retirement plan distributions
  • Hobby losses
  • Home offices
  • Depreciation and amortization
  • Tax credits
  • The qualified business income deduction under Section 199A

CPE Credits Available

8 CPE
8
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Pracitioner
  • Pracitioner's
  • Pracitioners
  • Tax; Taxation

Prerequisites

Knowledge of individual income taxation and Form 1040 preparation

Advanced Preparation

None

Intended Audience

· CPAs working with clients or employers requiring up-to-date expertise in individual income taxation for the current tax season

Provider

AICPA

This event has ended.