Courses

The Best Federal Tax Update Course by Surgent (BFTU)

Registration Closed

Member Price: $0.00 Non-Member Price: $0.00

Date/Time:: Jan 22, 2021, 9:00am–5:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Update

We now have the benefit of the completion of the first full tax season since the issuance of tax reform legislation. In this course, tax advisors will be fully updated on the most important aspects of tax reform as well as major trends on the horizon with a view toward planning after implementation of TCJA. As both formal and informal guidance is issued, you will be kept fully up-to-date.

Objective

Understand the latest enacted tax law changes
Understand strategies and techniques to use in light of tax changes
Understand current cases and rulings affecting individuals and businesses

Highlights

The SECURE Act, including IRA and RMD changes
Section 461 loss limitation rules and the ability to offset income
Bonus depreciation rules and expansion of §179
Opportunity Zones
Expansion of number of taxpayers able to use the cash method of accounting
Section 163(j) 30% business interest limitation
Is the "Employee vs Independent Contractor" conundrum about to explode?
Comprehensive coverage of §199A and its alteration of pass-through taxation and planning
Relevant state domicile issues which are quickly becoming a new source of practitioner profit
Virtual currency
Crowdfunding
Overtime update
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
The latest issues related to any other late-breaking tax law changes

Designed For

CPAs who need to know the latest tax law changes in all areas of practice

Prerequisite

Experience with individual and business clients

Advanced Preparation

None