Objective
- Understand strategies and tactics to use in light of new legislation
- Understand the most current guidance on retirement planning
- Understand how to nail down valuable deductions and other reductions to the tax base
Highlights
- Comprehensive coverage of the Inflation Reduction Act of 2022 and the SECURE 2.0 Act of 2022
- Timely coverage of breaking tax legislation
- Schedules K-2 and K-3 reporting requirements and transiional filing relief
- Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations
- Donor Advised Funds
- Residency and Domicile
- Selling a principal residence, including tax planning strategies
- Real Estate professional requirements
- An overview of virtual currency, including recent developments
- The Independent Contractor vs. Employee Conundrum continues
- State of the IRS
- Review of pertinent cases and rulings affecting taxpayers
- 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
Designed For
All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their individual clientsPrerequisite
Experience in individual tax planningAdvanced Preparation
None