Tax Planning for Individuals: A Review & Update Webinar (7.5 Hours)

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 program, you will:

  • Learn about the tax impacts of recent legislative actions, including the Tax Cuts and Jobs Act of 2017, Secure Act of 2019 and the Extenders Act of 2019
  • Receive an update on pending tax legislation and other developments
  • Gain practical knowledge of how to fill out tax forms related to all the issues discussed

 

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 a host of planning strategies to help you and your clients minimize tax exposure now and in the future.

Emphasis: 
  • How the Tax Acts of 2017 and 2019 will impact individual tax returns now and in the future
  • Tax rate changes
  • Individual tax brackets
  • Standard deductions
  • Itemized deductions
  • Mortgage and other interest expense
  • Capital gains
  • Carried interest
  • Adjustments to income
  • Income exclusions
  • Child Tax Credit and Kiddie Tax
  • Health insurance and 529 plans
  • 199A Qualified Business Deduction
  • Estates, gift tax and GST
  • Residential rental property
  • Sale of a principal residence
  • Update on Passive Loss Rules
  • Retirement plans
  • Stock options
  • Alternative minimum tax
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
7.50
NASBA Field of Study: 
Taxes