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Annual Federal Tax Update - Individuals (Form 1040)

Topic

Tax Planning

Program ID

332197

Hours

8

Format

Self-Study / Recorded webinar

Complexity

Overview

Description

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues. This comprehensive online webinar will review the current Federal individual income tax laws and update tax return preparers with new tax forms, changes to existing tax forms, and tax planning opportunities and pitfalls. This CE Tax course is a comprehensive review of the Federal individual income tax provisions and tax forms/schedules that will affect the 2023 tax returns and 2024 tax projections, with an emphasis on newly enacted income tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real-world examples, new Federal income tax forms and schedules, and Pat Garverick’s Quick Reference Chart. This Online Annual Federal Tax Update CPE webinar covers the following key topics: SECURE, CARES, and TCJA Updates 2024 Tax Provisions Overview Form 1040 and Related Changes Income, Deductions, and Tax Credits Wagering Losses Clarification Employer Meal Deduction Restrictions J. Patrick Garverick is one of the most admired and best-reviewed Tax Speakers in the country and we are offering the classes at a much-discounted price. His courses have been best-reviewed by audiences for: Quality of Content Relevance and Practical Case studies Best Teaching Approach Best Course Material Awards and Accolades Award for Instructor Excellence for California Education Foundation Award for Outstanding Course Materials for California Education Foundation. Rated top tax instructor in nearly every location he has presented One of the few instructors to have received perfect scores (multiple times) from attendees for both presentation skills and knowledge. ? Free E-Book Worth $200 Get copyright copyright-protected E-Book related to the course worth $200 for absolutely free if you register now. Limited Period offer!

Learning Objectives

Recognize major Federal income tax laws impacting individual taxpayers. Identify and understand newly enacted legislation affecting individual tax returns. Review recent changes and IRS guidance for individual tax compliance. Analyze the effects of updated tax laws on individual income filings. Discuss SECURE Act changes impacting Required Minimum Distributions (RMD) rules. Explore tax implications of employer-provided meals under §274(o).