- NY Credits : 8.0
- TX Credits : 8.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 8.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 8.0
This course is a sequel to 49 Ways to Reduce Taxes for Individual and Make Them Clients for Life. The course explores additional tax strategies, 49 tips in all, to assist you in guiding your clients in tax planning and filing. This course covers topics such as capital gain transactions, employer stock options and retirement plans, sales of personal residence, use and ownership of vacation homes, planning for marital splits, maximizing self-employment benefits, and reducing taxes as it relates to college education.
NOTE: This course has been completely updated to include the relevant tax provisions of the Tax Cuts and Jobs Act of 2017.
This course is most appropriate for the professional with detailed knowledge in personal income tax who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
recognize methods to save taxes on capital gains and assets,
identify tax strategies for employer stock options and retirement accounts,
recognize tax opportunities relating to personal residence sales and ownership and sale of vacation homes,
identify tax considerations for marital splits,
recognize tax strategies for self-employed individuals, and
identify tax strategies for financing a college education.