Individual Tax Fundamentals

Date: December 6, 2016 Time: 9:00 am - 4:35 pm EST CPE: 8 Format: Webcast
EVENT DESCRIPTION

This course provides participants up-to-date information on critical tax issues, giving them an outstanding foundation in the federal tax arena for individuals. Ensure your clients receive the most current tax planning and tax-saving strategies for their tax plans. Topics Discussed • Filing requirements and personal exemptions • Gross income inclusions, exclusions, and adjustments • Travel and entertainment • Standard and itemized deductions • Tax and tax credits • 0.9% Medicare Payroll Tax • 3.8% Net Investment Income Tax

LEARNING OBJECTIVES
Determine the filing status and interpret the filing requirements for individual taxpayers
Determine gross income inclusions and exclusions around dividends and interest
Differentiate the taxability of deferred income, Social Security benefits, and other taxable income
Apply the specific rules for the deductibility of travel and entertainment expenses as they relate to business or rental transactions in preparing income tax returns
Recognize Education related expenses and the rules for Health Savings Accounts
Distinguish between standard and itemized deductions including medical expenses, interest, taxes, charitable contributions, theft losses, and miscellaneous deductions
Gather the necessary information required to include tax credits on an individual tax return
Recognize when the Medicare Payroll Tax will impact an individual
Identify the applicability of the Medicare tax on Net Investment Income
MAJOR TOPICS
Filing requirements and personal exemptions Gross income inclusions, exclusions, and adjustments Travel and entertainment Standard and itemized deductions Tax and tax credits 0.9% Medicare Payroll Tax 3.8% Net Investment Income Tax
EVENT DETAILS
CPE FIELD OF STUDY
Taxes (8 Credits)
INSTRUCTOR(S)
Pamela Davis-Vaughn
COURSE LEVEL
Basic

MACPA MEMBER


$ (% off)
$249.00
Price includes $xx early registration discount(s) - expires xx/xx

NON-MEMBER


$ (% off)
$319.00
Price includes $xx early registration discount(s) - expires xx/xx
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