Overview:
Explore the full gamut of tax provisions, regulations, rulings and court cases affecting current year tax preparation and subsequent years' tax planning for individuals. In this targeted seminar, you will:
- Learn about the tax impacts of recent legislative actions
- Understand how expiring tax provisions may affect returns in 2012 and beyond
- Review the return of the estate tax
Objective:
To provide tax professionals with an update on important legislative, regulatory and judicial actions impacting individual taxpayers. You’ll leave with a thorough understanding of the current laws, regulations and court cases and a host of planning strategies to help you and your clients minimize tax exposure now and in the future.
Emphasis:
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Recent laws that will impact individual tax returns from 2012 through 2015 including:
– Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
– Small Business Jobs Act of 2010
– Health Care and Education Reconciliation Act of 2010 - Roth IRAs
- Filing status comparisons
- Child and dependent care credit
- Energy and education tax credits and expenses
- How to maximize interest and other deductions
- State tax deduction alternatives
- Taxation of retirement distributions
- Alternative minimum tax and credit
- Capital gains and qualified dividends
- Passive activity rules
- Vacation home rules
- The foreign tax credit
- Compensatory stock options
