Gear Up 1040 Tax WEBINAR
EVENT DESCRIPTION
This comprehensive course covers key tax issues for completing complicated individual returns including family return issues, taxpayers with investments, retirement income, the sole proprietor, and business and rental activity owners. Stay current with in-depth coverage of recent legislation, case law developments, and relevant notices, announcements, revenue rulings and procedures. Speakers are all practicing preparers who share practical tips to help you get ready for this tax season. Coverage includes:PLEASE NOTE: Physical manuals are ONLY available to attendees of LIVE SEMINARS; webinar attendees will receive an electronic manual, no exceptions.
EVENT OBJECTIVE
By the end of this seminar, you should be able to:• Apply the rules of penalty assessment and abatement;
• Identify reporting required to “reconcile” the EIPs;
• Recognize changes to education credits and deductions, and evaluate rules associated with debt discharge;
• Analyze what tax years are now subject to the IRC Sec. 461(l) loss limitation rules for noncorporate taxpayers;
• Identify the CARES Act’s impact on an individual taxpayer’s net operating loss (NOL), analyze the SBA’s PPP loan forgiveness parameters, and evaluate the CARES Act changes to qualified improvement property (QIP);
• Calculate the qualified business income deduction (QBID) under IRC Sec. 199A;
EVENT DETAILS
Company:Gear Up
Number of Hours:
16 (Recommended)
Prerequisite:
Knowledge of Tax Law Regulations
Program Level:
Update
Knowledge Level:
Intermediate
Delivery Method:
Group Internet Based
Number Of Days:
2
Food Included:
Seminar Number:
3083
Early Cut Off Date:
11/29/2023
Phone:
Venue:
Online Group Internet Based ,
Accommodations:
,
Recommended For:
CPA (16), EA (16), Maryland Preparer (16)
Approved By:
NASBA, IRS, State of Maryland