2024 Tax Updates for Businesses
Author: Barbara Weltman
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs
1 hour Federal Tax Updates for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
New tax laws, 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 course presented by experienced practitioners and instructor Barbara Weltman, J.D., will provide an update on critical year-end tax steps for businesses.
Publication Date: November 2024
Designed For
All CPAs, EAs, and other tax professionals who advise individual clients on federal tax issues.
Topics Covered
- What’s new on 2024 returns
- Special actions needed for green energy tax breaks and retirement savings options
- Tax rule changes for 2024
- Last-minute tax actions
Learning Objectives
- Identify the latest developments in federal taxation for businesses
- Recognize and apply recent developments to year-end tax planning
- Identify open tax questions and what to do now
- Recognize strategies for businesses to minimize their tax bill
- Identify the new form that will be used to report all distributions of property that a partner receives from a partnership
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
A basic understanding of tax preparation.
Advance Preparation
None
