A summary and analysis of the latest tax developments Building on your current understanding of tax strategies, this comprehensive course covers all legislative, judicial and IRS developments of the past year with a focus on implementation and compliance. All-new materials ensure a focused discussion of only the hottest topics affecting all types of taxpayers, including individuals, pass-through entities, C corporations, estates and trusts. Topics include:
Inflation adjustments
New and expanded individual and business credits
Beneficial ownership information (BOI) requirements
U.S. Tax Court cases A curated list of updates to help you prepare for tax season All-new content includes the most salient court cases and IRS revenue rulings, notices, FAQs, private letter rulings and chief counsel advice memoranda issued in the past year. You’ll also find reminders about legislation that changed recently, including bonus depreciation limits, final regulations that go into effect and more. Recent U.S. Tax Court cases affecting individuals, nonbusiness and general business matters shed light on pivotal updates from the past year. Our in-depth analysis provides actionable insights to inform your practice.
Learning 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.
Major Topics
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
CPE Credits Available
8 CPE Credits
8
Taxes
Things to Know About This Course
Course Level
Update
Professional Area of Focus
Tax;Taxation
Prerequisites
Basic knowledge of federal income taxation
Advanced Preparation
None
Intended Audience
Public accounting senior associates, managers, and partners
Tax professionals in company finance or tax departments
