Updates for tax legislation passed in late 2017 and any additional changes that might occur in 2018 along with many important topics that impact clients in these difficult times will be discussed during the lecture. The new tax reform law will also be discussed in-depth during this seminar.
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.
Learning Objectives
To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1040 for the 2017 tax season.
Major Topics
Review of essential IRC Sections
Review of new legislation
New credits, deductions and tax relief for 2016
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 2016
Income and exclusions from cancellation of debt
Reporting foreclosures or repossessions of residences and other real estate
Health reform and medical issues
Course Level
Update
Professional Area of Focus
Practitioners
Tax
CPE Field of Study
Taxes
16
Who Should Attend
CPAs and EAs
Instructor(s)
Arthur Werner
Prerequisites
Knowledge of individual income taxation and Form 1040 preparation
Advanced Preparation
None
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US
