2022 Individual Federal Tax Update (Half-Day Webinar) (Completed)

Date: Thursday, December 1, 2022
Instructor: Greg White
Begin Time:  8:00am Pacific Time
9:00am Mountain Time
10:00am Central Time
11:00am Eastern Time
CPE Credit:  4 hours for CPAs
4 hours Federal Tax Law Updates for EAs and OTRPs
4 hours Federal Tax Updates for CTEC
4 hours Federal Tax Related for OTRPs

If last year was action packed, this year promises to be even more so. Join expert, Greg White, as he provides an update on the most recent changes affecting individuals that you’ll need to navigate through the maze of tax legislation.

Topics Covered

  • Important new cases, including real estate professionals, and a shocking hobby loss case (you'll want to be familiar with this case when IRS audits start increasing over the next 2 years). We'll also cover an interesting case on material participation in the passive activity area
    • Additionally, we'll cover a charitable contribution case that provides important guidance on what clients need to do to secure their deductions.
  • Brand new reporting requirements that will result in clients receiving tens of millions of new Forms 1099-Ks.
  • Brand new IRS procedures for making late "portability" elections. This will affect many of our clients
  • Legislative developments, including The Inflation Reduction Act, and the SECURE Act 2.0
    • Extension of the excess business loss limit (§461(l))
    • Will your clients get an EV credit if they purchase plug-in vehicles
    • Should your clients wait to get that new heat pump or energy efficient windows? We'll help you get ready for the inevitable client questions
    • What proposed changes didn't make it into the final law
  • Much more

Learning Objectives

  • Identify important 2022 cases
  • Recognize and apply legislative developments
  • Identify important provisions in the Inflation Reduction Act
  • Review administrative releases
  • Recognize and apply new legal developments to you practice


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (4 hours)

Program Prerequisites
Basic understanding of federal income taxation concepts.

Advance Preparation

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