Individual Tax Fundamentals - Tax Staff Essentials
Overview
Basic, but not boring
Newcomers to tax return preparation are exposed to the many topics that encompass individual taxation.
Topics, discussed in an approachable format, include:
Taking advantage of present opportunities for your clients' futures
Tax planning involves understanding a client's current situation to anticipate areas of future tax savings. You'll review common individual tax planning topics to help clients prepare for their futures.
Decoding recent legislative changes for individual taxpayers
You'll be able to provide your clients with the most current tax planning and tax-saving strategies for their tax plans. This course is updated for IRS guidance related to recent legislation, including:
Highlights
Prerequisites
None
Designed For
Objectives
- Identify individual retirement account (IRA) and qualified plan distributions.
- Recognize the taxation of virtual currency.
- Recall how health savings accounts (HSAs) work.
- Recall the self-employed health insurance deduction.
- Recall the deductibility of charitable contributions.
- Recall the steps to figuring the qualified business income deduction under Section 199A.
- Recall the net investment income tax (NIIT) on unearned income.
Non-Member Price $419.00
Member Price $349.00