Monthly Tax Update (January) (Completed)

These monthly update webinars provide an opportunity to stay on top of developments that directly and indirectly affect your clients and practice. The focus is on key guidance from legislation, tax agencies and the courts that represent new interpretations, as well as guidance on new laws.

Join tax expert, Annette Nellen, as she emphasizes the updates most relevant to individuals and small businesses. This course will cover federal developments and issues, as well as key state and multistate changes likely to have a broad impact. We encourage you to register each month to stay on top of the constant change in tax guidance, build a strong foundation for tax planning, and identify possible practice development areas.

Who Should Attend
Practitioners at all levels looking for a way to efficiently stay on top of key federal and state developments of most relevance to individuals and small businesses.

Topics Covered

• Tax changes for the 118th Congress
• Late-breaking changes to 1099-K and 1099-DA
• New FAQs on 1099-K
• Guidance on residential energy and clean vehicle credits
• Brief overview to SECURE Act 2.0 enacted as part of CAA, 2033
• Updated guidance on the §174 method change for 2022
• Recent rulings on income, charitable contributions, standard mileage rate, worker classification, and more
• Practice and procedure updates
• Select multistate developments
• And more

Learning Objectives

• Identify key developments from legislatures, tax agencies and the courts
• Recognize law changes that may affect your clients and your practice

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of tax preparation.

Advance Preparation
None