2024 Individual Federal Tax Update (Half-Day Webinar) (Completed)
Date: Tuesday, January 14, 2025
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 |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
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
- SECURE Act 2.0
- New required minimum distribution rules
- Reduced penalties for failure to take timely RMDs
- IRS's new $80 billion dollars in supplemental funding
- How many new auditors will be added?
- Which taxpayers won't experience an increased audit rate
- Forms 1099-K
- The new rules (Airbnb, Ebay ,etc)
- There will be tens of millions of new Forms 1099-5 for 2023
- How to report the sales
- Beyonce' goes to Tax Court
- We'll cover what tax issues appear to be at stake
Learning Objectives
- Learn the limitations of ChatGPT as a research tool
- Identify the requirements to qualify for the new clean vehicle credit
- Identify important provisions of the SECURE Act 2.0
- Calculate the revised solar panel credit
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (4 hours)
Program Prerequisites
Basic understanding of federal income taxation concepts.
Advance Preparation
None
