Don Farmer's 2023 Individual Income Tax Workshop

Tuesday, December 05, 2023
8:00 AM - 4:00 PM (opens at 7:30 AM) EST
8Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$350.00 Regular Price
Non-Members
$475.00 Regular Price
Course Type: CPE Seminars
Course Code: 23/3-202W
Level: Update
Vendor: Virginia Society of CPAs
Field of Study: Taxes

Overview:

Review current year developments, recurring problems and planning ideas. Using a combination of humor and examples, focus on tax developments that affect 2023 individual income tax planning and return preparation.

Delivery Method: Group internet-based
CPE Credit: Taxes
Program Level: Update

Objectives:

This Course Is Designed To: 1) Provide Explanations And Planning Ideas Relating To The Latest 2023 Individual Income Tax Developments, Including The Most Recent Guidance On New Tax Law Provisions; 2) Help Practitioners Prepare For “Tax Season;” And 3) Review And Update Various Tax Law Provisions And Planning Ideas Affecting Individuals.

Presenters:

  • David Peters

    David R. Peters, CPA, CFP, CPCU, MST, MBADavid Peters is the Founder and Owner of David Peters Financial Group and Peters Tax Preparation & Consulting, PC. David has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for...

    Read more about David Peters here

Presenters:

David Peters

David R. Peters, CPA, CFP, CPCU, MST, MBADavid Peters is the Founder and Owner of David Peters Financial Group and Peters Tax Preparation & Consulting, PC. David has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for...Read more about David Peters here

Major Topics:

The Materials Include A Review of Individual Income Taxation Including:

? The Child Tax Credit, Dependent Care Credit, Premium Tax Credit and Earned Income Credit; Tax Free Forgiveness Of Student Loans; Charitable Contribution Deductions; The Kiddie Tax; Taxation of Damage Awards; Tax Benefits For Education Including The American Opportunity Tax Credit; Capital Gains And Losses; §1031 Exchanges; Qualified Opportunity Funds; Gain Exclusion Upon Sale Of Principal Residence; Qualified Plans and Individual Retirement Accounts (including changes made by SECURE Act 2.0); Interest Deductions, Including The Home Mortgage Interest Deduction; Medical Expenses; Deduction For State And Local Taxes; Home Office Deductions; Hobby Losses; and The Passive Activity Limitations.

· Significant 2023 Developments Including: Any New 2023 Legislation; New 2023 Electric Vehicle Credits and Credits for Energy Efficient Improvements to Residences and Rental property; Regulations, Court Cases, Rulings And Other Non-Legislative Developments Such As the New Regulations Modifying The Required Minimum Distribution (RMD) Rules For 2023, and Much More.

· Planning Ideas, Including Planning With New Tax Legislation.

Major Topics:

The Materials Include A Review of Individual Income Taxation Including:

? The Child Tax Credit, Dependent Care Credit, Premium Tax Credit and Earned Income Credit; Tax Free Forgiveness Of Student Loans; Charitable Contribution Deductions; The Kiddie Tax; Taxation of Damage Awards; Tax Benefits For Education Including The American Opportunity Tax Credit; Capital Gains And Losses; §1031 Exchanges; Qualified Opportunity Funds; Gain Exclusion Upon Sale Of Principal Residence; Qualified Plans and Individual Retirement Accounts (including changes made by SECURE Act 2.0); Interest Deductions, Including The Home Mortgage Interest Deduction; Medical Expenses; Deduction For State And Local Taxes; Home Office Deductions; Hobby Losses; and The Passive Activity Limitations.

· Significant 2023 Developments Including: Any New 2023 Legislation; New 2023 Electric Vehicle Credits and Credits for Energy Efficient Improvements to Residences and Rental property; Regulations, Court Cases, Rulings And Other Non-Legislative Developments Such As the New Regulations Modifying The Required Minimum Distribution (RMD) Rules For 2023, and Much More.

· Planning Ideas, Including Planning With New Tax Legislation.

Designed For:

Individuals who prepare individual income tax returns or who engage in individual income tax planning

Prerequisites:

At least one tax season

Accommodations:

Delivery Method - Group Internet Based