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 RMD changes, the elimination of the stretch IRA, modification of the kiddie tax rules, and expansion of §529 plans and 401(k) retirement plans for part-time workers
- The CARES Act and FFCRA, including employer tax credits, SBA loans, and EFMLEA and EPSLA expanded leave programs
- The CARES Act changes to §163(j), §461(I), and NOL rules
- Bonus depreciation rules and expansion of §179
- Expansion of number of taxpayers able to use the cash method of accounting
- Is the "Employee vs Independent Contractor" conundrum about to explode?
- Comprehensive coverage of §199A and its alteration of pass-through taxation and planning
- Crypto currency
- 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 practicePrerequisite
Experience with individual and business clientsAdvanced Preparation
None