Gear Up

Course Detail

1040 Individual Tax - 2023   New

CATEGORY: Taxation
16 CPE Credits
Level: Basic
The Gear Up 1040 Individual Tax seminar is part of our Royal Flush Conference.

The Royal Flush Conference returns to Las Vegas in 2023. Gear Up brings the community together in-person with award-winning speakers to deliver the conference experience professionals have enjoyed for over 50 years. For details click 

This comprehensive course covers key tax issues for completing complicated individual returns and the increasing complication of resolving issues with the IRS. This course includes coverage of recent legislation, case law developments, relevant notices, announcements, revenue rulings and procedures to help the busy practitioner stay current. Speakers are all practicing preparers who share practical tips to help you get ready for this tax season.

Course coverage includes:
  • Form K-2 and Form K-3 further explained.
  • Impacts of the Inflation Reduction Act of 2022 including the changes to credits and deductions for energy and electric vehicles including recently released regulations.
  • Secure 2.0 has changed many of the rules of accumulation and distribution of retirement accounts. Details of the regulations and rules of both Secure 1.0 and Secure 2.0 will be discussed.
  • Information return reporting was modified by the Taxpayer First Act of 2019. The IRS has finalized the regulations, these rules will be reviewed and explained.
  • Form 1099-K reporting was expanded by 2021 legislation. IRS delayed the new reporting rules by one year, but 2022 tax returns will be affected by expanded reporting.
  • Student loan debt discharge continues to wait for court action, we will be ready with the latest rules.
  • Complications of real estate ownership including the new rules of IRA 2022.
  • The complications of digital assets and associated reporting will be explained.
  • Other timely topics.
Qualifies for IRS, CFP, and CTEC credit.

The Gear Up transfer and cancellation policy affords you the flexibility to confidently pursue the education you need. Click here for policy details.

Registration for this event has ended. Please either [search] for an open course or event or contact a salesperson at 800.431.9025 for more information or other options.

Accreditation Information

Learning objectives

Course outline