- NY Credits : 10.0
- TX Credits : 10.0
- CTEC Credits : Federal Tax Law Update - 10.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 10.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 10.0
This course is a general refresher in specialized tax issues. It is designed to reinforce basic tax law interpretations while keeping practitioners up to date on the latest and most important changes, including the Taxpayer First Act of 2019.
Course Expiration Date: November 30, 2020
Recognize types of trusts and their treatment for tax purposes and identify income that is and is not included in a decedent's final income tax return.
Determine which organizations qualify for tax exemption under Code Sec. 501(a) and recognize the restrictions that apply to private foundations.
Recognize the benefits that can be offered under an employer's cafeteria plan and qualifying events under COBRA.
Identify the different types of qualified retirement plans and apply the applicable rules governing qualified retirement plan contributions and benefits.
Determine the tax treatment of required minimum distributions and premature distributions.
Differentiate between taxable and nontaxable gifts.
Differentiate between different types of tax audits and explain the tax assessment and collection process.
Determine when interest and penalties will be imposed by the IRS.
Taxation of Trusts, Estates, and Decedents
Taxation of Farming
Employee Benefit Plans
Employee Retirement Plans
Estate and Gift Tax
Dealing with the IRS