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Surgent's Max the Tax: Common 1040 Items Download

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Member Price: $49.00 Non-Member Price: $64.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 1.00
Fields of Study:: Taxes
Level:: Basic

During this interactive simulation, you will act as an IRS tax agent tasked with analyzing a tax return with various items flagged for review. After you interview the taxpayers, you must make any necessary changes to the return based on the latest tax legislation. Your goal is to close the examination and ensure the tax return is complete and accurate. Do you have what it takes to "Max the Tax"?

Objective

Determine whether any updates are required based on the tax return items flagged for review
Understand how recent legislation impacts Form 1040 reporting

Highlights

The taxation of cryptocurrency mining
The CARES Act Economic Impact Payments and Recovery Rebate Credit
The ARPA unemployment compensation exclusion
Charitable contributions
The Child Tax Credit

Designed For

Tax practitioners desiring an interactive approach to learn the latest tax legislation

Prerequisite

Basic knowledge of tax accounting principles

Advanced Preparation

None