- NY Credits : 14.0
- TX Credits : 14.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 14.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 14.0
Things don't stay the same. That has never been more true than now! Every year, we see economic, social, and demographic trends that turn out to have important tax implications, new tax legislation, and new tax developments. This time around, we add the COVID-19 crisis and all the related fallout to the list. This course highlights the hottest tax topics... those that can and do change every year and that can affect many of your clients. Tax planning and compliance tips are presented for individual, small business, and corporate clients. This course has been updated to cover federal COVID-19 tax relief measures and legislation, the SECURE Act, tax extenders legislation, and the continuing impact of the Tax Cuts and Jobs Act (TCJA). This course is most appropriate for the professional with a solid taxation background who is interested in keeping current in this area.
Upon successful completion of this course, the user should be able to:
recognize current tax issues that are likely to affect individual clients in uncertain times;
identify Roth IRA tax-planning opportunities;
identify tax planning opportunities for unincorporated small businesses and their owners in uncertain times;
recognize tax planning opportunities for corporate small business clients and their owners in uncertain times; and
identify recent tax legislation and developments-including federal COVID-19 tax relief measures, the SECURE Act, and extenders legislation-and how they affect real-life client situations.