The most pressing tax matters affecting individuals, estates and trusts
With so many tax developments that come up during the year, it’s hard to stay on top of every salient issue. In this all-new course, learners get a tailored list of updates highlighting only the most pertinent issues concerning individuals, estates and trusts from the past year.
Insights to study before, during and after tax season
Learners are provided with in-depth explanations of budding issues that their clients may face. This course allows practitioners to develop up-to-date expertise in hot areas.
Content includes:
Tax rate tables Relevant regulations related to recent legislation affecting individuals, estates and trusts U.S. Tax Court decisions that inform practice Revenue rulings and other IRS documentation that provide a glimpse into IRS rationale
Learning Objectives
- Identify the correct rate tables and standard deduction applicable to filers.
- Recognize the COLA adjustments related to retirement plans.
- Identify the correct standard mileage rate for different categories of mileage.
- Identify updated tax credits.
- Recall hobby loss rules.
Major Topics
- IRS guidance, including notices, revenue rulings and revenue procedures
- IRS and Treasury proposed, temporary and final regulations
- U.S. Tax Court cases
- Legislative updates
