Course ID: FITU

Federal Income Tax Update

This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation. This course will provide a comprehensive review of Form 1040 complexities. Any changes in tax legislation passed and any important topics that impact clients in these difficult times will be discussed during the lecture.


LEARNING OBJECTIVES
  • Recognize both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1040 for the latest tax season.

MAJOR TOPICS
  • Review of essential IRC Sections
  • Review of new legislation
  • New credits, deductions and tax relief for the latest tax year
  • Review of all tax credits
  • Alternative Minimum Tax legislation and other extenders
  • IRS collection issues and lien relief
  • Reporting fraud losses and repayment of fraudulent gains
  • Online sellers and bartering
  • Alternatives for required minimum distributions in the latest tax year
  • Income and exclusions from cancellation of debt
  • Reporting foreclosures or repossessions of residences and other real estate
  • Health reform and medical issues

DESIGNED FOR
CPAs and EAs

FIELD OF STUDY
Taxes

PREREQUISITES
One year of tax experience

COURSE PRODUCER
Werner-Rocca Seminars LTD

CPE CREDITS
8.0

LEVEL
Update

This course is available for your group as:

Group Live
 

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Or, contact BLI: 888-481-3500 or learn@blionline.org