- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 1.0
This online course discusses the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27, 2020, which provides tax relief for individuals and businesses and other miscellaneous provisions. A few of the major topics include the individual recovery rebate/credit, waiving RMDs for 2020, above-the-line charitable deduction, employment retention credit, temporary repeal of NOL limitation, temporary NOL carrybacks, temporary increase in deductible interest expense, and technical correction for qualified improvement property. This update course provides an overview of new developments in the CARES Act and includes information regarding subsequent legislative changes to the covered topics. This course is most appropriate for the professional with a background in this topic who is interested in keeping current in this area.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify various provisions enacted by the Coronavirus Aid, Relief, and Economic Security Act.