- NY Credits : 9.0
- TX Credits : 9.0
- CTEC Credits : Federal Tax Law Update - 9.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 9.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 9.0
RIA's 2018 Federal Tax Review Course Module 3 (QZN186)
RIA’s 2018 Federal Tax Review Course Module 3 is a general refresher course in Federal taxation of 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. The course has been updated to reflect the 2017 retroactive provisions of the Tax Cuts and Jobs Act of 2017.
Course Expiration Date: November 30, 2018
Identify the income items of a trust or estate and the amounts deductible from income by a trust or estate.
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.
Differentiate between the accounting methods available to farmers.
Recognize the depreciation and income averaging rules that apply to farmers.
Recognize the benefits that can be offered under an employer’s cafeteria plan and qualifying events under COBRA.
Calculate excludable educational assistance under Code Sec. 127(a)(1).
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.
Identify amounts includible in and deductible from a decedent’s gross estate and apply the unified estate and gift tax credit.
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