The Best Individual Income Tax Update Course by Surgent
Monday, December 16, 2024
8:30 AM - 4:00 PM (opens at 8:00 AM) EST
8Credits
Technical Business
Registration is Open
Members
$285.00 Regular Price
Non-Members
$410.00 Regular Price
Course Type: CPE Seminars
Course Code: 24/BITU12WS
Level: Update
Vendor: Florida Institute of CPAs
Field of Study: Taxes
Overview:
This highly informative course comprehensively covers all the latest tax law developments. The focus is on individualtaxation and discussion of the planning opportunities practitioners need to understand to help clients respond effectively.You will come away from the course with the up-to-date knowledge to educate your individual tax clients and implementtax-saving ideas that will serve their ever-evolving needs. This course is continually updated to reflect enacted legislation.Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BFTU.Objectives:
- 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
Presenters:
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Deborah Phillips
Deborah A. Phillips, CPA, MST, operates her own tax controversy practice where she specializes in partnership and S corporation tax law as well as IRS audits and procedures. Debbie recently retired from the Large Business and International Division (LB&I) of the Internal Revenue Service (IRS), where she was a Senior Manager in the Flow Through Issue Practice Group (IPG). The IPG specializes in S...
Read more about Deborah Phillips here
Presenters:
Deborah Phillips
Deborah A. Phillips, CPA, MST, operates her own tax controversy practice where she specializes in partnership and S corporation tax law as well as IRS audits and procedures. Debbie recently retired from the Large Business and International Division (LB&I) of the Internal Revenue Service (IRS), where she was a Senior Manager in the Flow Through Issue Practice Group (IPG). The IPG specializes in S...Read more about Deborah Phillips hereMajor Topics:
Major Topics
- Comprehensive coverage of the Inflation Reduction Act, including: The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, Credit for Qualified CommercialClean Vehicles, Residential Clean Energy Credit, Energy Efficient Home Improvement Credit, Premium TaxCredit, Elective Payment, Transferability, and Prevailing Wage and Apprenticeship Requirements
- Comprehensive coverage of the SECURE 2.0 Act, including: Expanding Enrollment in Retirement Plans, Increase in Age for Required Beginning Date for MandatoryDistributions, New Exceptions to Penalty-Free Withdrawal from Retirement Plans, and recent IRS guidance
- Timely coverage of breaking tax legislation
- Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income TaxThe Gig Economy -- Tax implications, Independent Contractor vs. Employee Classification, and the 2024 DOL FinalRule
- Real Estate professional requirements
- 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 discussiondeas
Major Topics:
Major Topics
- Comprehensive coverage of the Inflation Reduction Act, including: The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, Credit for Qualified CommercialClean Vehicles, Residential Clean Energy Credit, Energy Efficient Home Improvement Credit, Premium TaxCredit, Elective Payment, Transferability, and Prevailing Wage and Apprenticeship Requirements
- Comprehensive coverage of the SECURE 2.0 Act, including: Expanding Enrollment in Retirement Plans, Increase in Age for Required Beginning Date for MandatoryDistributions, New Exceptions to Penalty-Free Withdrawal from Retirement Plans, and recent IRS guidance
- Timely coverage of breaking tax legislation
- Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income TaxThe Gig Economy -- Tax implications, Independent Contractor vs. Employee Classification, and the 2024 DOL FinalRule
- Real Estate professional requirements
- 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 discussiondeas