- NY Credits : 2.0
- TX Credits : 2.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 2.0
This course considers the Qualified Business Income Deduction resulting from the TCJA enacted in December 2017. It also provides an introductory look at blockchain and how it's viewed by the Internal Revenue Service, as well as the filing of a decedent's final return. This course is video intensive.
Upon successful completion of this course, the user should be able to:
determine the amount of the qualified business income deduction and identify the phase-out limits for various filing statuses,
identify what blockchain was intended to solve and the benefits of blockchain,
identify how virtual currency is viewed by the IRS for tax purposes, and
analyze a number of aspects related to the filing of a decedent's final return.