2023 Tax Updates for Individuals (Completed)

New tax laws—the Consolidated Appropriations Act, 2023 (which contained SECURE Act 2.0), the Inflation Reduction Act of 2022, other legislation—plus new cases, IRS guidance, and inflation-driven cost-of-living increases in numerous tax rules present planning opportunities for your clients. Your guidance is needed to help clients navigate the new tax landscape now.

This one-hour CPE session presented by experienced practitioner and instructor Barbara Weltman, J.D. will provide an update on critical year-end tax steps for your individual clients.

Topics Covered

• What's new for 2023 returns
• Special actions in light of new rules related to green energy and retirement savings
• Tax rules effective in 2024 that may require action now
• Last-minute tax actions

Learning Objectives

• Identify the latest developments in federal taxation for individual taxpayers
• Recognize and apply recent developments to year-end tax planning

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
A basic understanding of tax preparation.

Advance Preparation
None