While many pandemic-era tax provisions came to an end, new laws enacted in 2022 create opportunities for 2022 returns as well as planning for 2023 and beyond. The Consolidated Appropriations Act, 2022, the Inflation Reduction Act of 2022, other legislation, plus new cases, and IRS guidance all affect your clients. Clients need your guidance in navigating the new tax landscape.
This one-hour CPE course presented by experienced practitioner and instructor Barbara Weltman, J.D. will provide an update on critical year-end tax steps for your individual clients.
Publication Date: October 2022
Designed For
All CPAs, EAs, and other tax professionals who advise individual clients on federal tax issues.
Topics Covered
- Part I: Income and Exclusions
- Part II: Deductions
- Part III: Credits and Other Taxes
- Part IV: Other Developments
Learning Objectives
- Identify the latest developments in federal taxation for individual taxpayers
- Recognize and apply recent developments to year-end tax planning
- Recognize what the foreign earned income exclusion is for 2022
- Identify the maximum clean vehicle credit for 2022
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
A basic understanding of tax preparation.
Advance Preparation
None
Instructor
Barbara Weltman
Barbara Weltman, JD, has written extensively on a wide variety of tax, small business, and financial planning matters for both professionals and the general public. The Wall Street Journal called her “the guru of small business taxes.” She is the author of a number of self-study programs for CCH. She is publisher of Big Ideas for Small Business® and Idea of the Day® found at www.BigIdeasForSmallBusiness.com and is a guest blogger for the SCORE and many other sites. Ms. Weltman is a graduate of Brooklyn Law School.