Hot Tax Topics at Year End for 2023 (Currently Unavailable)

Author: Annette Nellen

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits

Of the many federal and state tax developments of 2022, what are the hot ones that might require changes in planning and compliance, lingering issues into 2023, new practice protocols, changes to help new types of clients, and to address new legislative and major judicial and regulatory developments of 2022.

Publication Date: December 2023

Designed For
Practitioners at all levels who are 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

• Review of hot tax topics lists back to 2017
• 9 hot topics for 2023 year end
• Status of legislative proposals for 118th Congress
• Survive and thrive considering hot tax topics, change and uncertainty

Learning Objectives

• Identify key issues that affect tax practice for year end and beyond
• Recognize how to survive and thrive in light of hot tax topics and tax trends
• Identify the IRS initiative related to quickly resolving taxpayer issues when they arise
• Identify one of the challenges with respect to the IRS's Report on Direct File
• Identify the top issue on the IRS's Direct Dozen List for 2023
• Identify the form that will be used to report required information on digital assets

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of tax preparation.

Advance Preparation
None