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Leader(s):

Prerequisite:

None.

Preparation:

No advance preparation required.

Level of Knowledge:

Overview.

CPE Credit:

8 Hours.

Other courses related to this topic:

Tax Refresher: Complex Concepts Come to Life
Form 1040: A Hands-On Workshop
Tax Planning for Individuals: A Review & Update
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Center for Professional Education
370 Reed Road, Suite 227
Broomall, PA 19008-4098
(610) 328-7086

Federal Taxation of Individuals: Complex Issues

Tax rules for individuals can be extremely complex, particularly those affecting high-income individuals. Mistakes can be costly. This seminar, taught by a seasoned tax professional, provides an in-depth analysis of many complicated issues tax preparers face. You will:

Gain a solid understanding of the most intricate tax provisions affecting individuals * Sharpen your tax planning skills in light of impending tax rate increases

Review the application of the Alternative Minimum Tax


OBJECTIVE:

To provide accountants with in-depth knowledge of the most complex tax issues affecting high-income individuals. You will review the most recent tax acts, explore tax planning techniques in light of recent tax law changes and be able to identify and resolve difficult issues.

EMPHASIS:

Review of expiring tax law provisions to take effect in 2011 and beyond

In-depth analysis of incentive stock options and appropriate planning techniques for exercising options

Planning alternatives for NOLs in light of 2009 tax law changes

Taxability of dividends

Benefits of Roth conversions in 2010

Planning techniques for minimizing the Alternative Minimum Tax (AMT)

Passive activity rules

- Grouping issues

- Real estate professional options

- Appropriate elections

In-depth analysis of energy tax credits

Taxation of expatriates

Interest expense tracing rules

Taxability of alimony and the alimony recapture rules

Taxability of pass-through entities, including at-risk limitations and basis issues

Personal tax credits, including education and adoption credits