- NY Credits : 11.0
- TX Credits : 11.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 11.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 11.0
Two things you can count on year after year are important new tax developments and economic, social, and demographic trends that turn out to have important tax implications. This course highlights the hottest tax topics ... those that can change every year and potentially affect many of your clients. Tax compliance and tax planning tips are presented for individual, small business, and corporate tax clients. Roth IRAs are still a big deal and will be for the foreseeable future. The course discusses tax planning opportunities available with Roth IRAs as well as pitfalls to avoid. In addition, the course will cover various recent tax developments and apply them to client situations.
This course provides a general review of new developments in federal income taxation. This course is most appropriate for the professional with a solid taxation background who is interested in keeping current in this area.
This course has been updated for the Tax Cuts and Jobs Act.
Upon successful completion of this course, the user should be able to:
recognize current tax issues that are likely to affect individual clients;
identify Roth IRA tax-planning opportunities;
recognize the estate tax planning potential of Roth IRAs;
identify tax planning opportunities for small businesses and their owners;
recognize tax developments that affect small businesses and their owners;
recognize tax planning opportunities for incorporated businesses and evaluate tax developments that affect them; and
identify various recent tax developments and apply them to client situations.