Intermediate Individual Taxation

Many individual taxpayers were unprepared for the changes caused by The Tax Cuts and Jobs Act of 2017. This Act was the biggest overhaul of the Internal Revenue Code since 1986. This course provides a wealth of tax-planning tips and strategies and addresses key tax return issues to arm you with the latest guidance to better serve your clients. The course materials include in-depth coverage of Section 199A: The Qualified Business Income Deduction. Get practical insights from nationally recognized tax experts, as well as coverage of the latest tax legislation, tax court rulings, and IRS guidance.

Learning Objectives

Learning Objective: 

When you complete this course you will be able to:

  • Recognize compensation issues and nontaxable employee fringe benefits
  • Identify the specific rules that apply under the "passive activity" rules
  • Identify and calculate the business deduction for home office expenses and deduction limitations on vacation homes and other ordinary business expenses
  • Analyze the deductibility of hobby losses
  • Identify the rules for depreciation and amortization deductions
  • Differentiate between capital and ordinary income treatment on property transactions
  • Identify tax consequences for self-employed retirement plans and IRAs
  • Gather the necessary information required to include the claim for a tax credit on an individual income tax return

Topics Discussed

Topics Discussed: 
  • Fringe benefits
  • Retirement plan distributions
  • Hobby losses
  • Home Offices
  • Depreciation and amortization
  • Tax Credits

<< Back I want more information on group training

COURSE CODE

TSE.IIT

FIELD OF STUDY

Taxes

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Intermediate

INTENDED AUDIENCE

CPAs working with clients or employers requiring up-to-date expertise in individual income taxation for the current tax season

PREREQUISITE

Knowledge of individual income taxation and Form 1040 preparation

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live
Webcast
Self-Study On-Demand

Share with  

For individual training, visit:

(U.S.) AICPAstore.com

(Outside the U.S.) CGMAstore.com


CONTACT A TRAINING REPRESENTATIVE:


1-800-634-6780 Option 1
aicpalearning@aicpa.org