Recent Tax Developments (July-August 2018)

Author: Barbara Weltman, Sidney Kess

CPE Credit:  1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs

This on-demand CPE course provides you with an overview of recent tax developments from tax reform, the IRS, the courts and other authorities, and highlights planning tips and techniques to help you in your practice. It will also cover key filing dates and other reminders not to be overlooked this time of year.

Publication Date: July 2018

Designed For
Tax practitioners

Topics Covered

  • Accounting methods and tax years
  • Corporate tax rates
  • Corporate AMT
  • Consolidated Appropriations Act, 2018
  • Changes related to the new 20% qualified business deduction (Code Sec. 199A)
  • Code Sec. 1231 property
  • Partnership Audit Rules
  • SALT Workarounds
  • Health Savings Accounts and High-Deductible Health Plans
  • IRS interest deduction limitation
  • Deductions for business vehicles
  • Depreciation and expensing following TCJA
  • Hardship distributions from qualified retirement plans
  • Starting a business
  • IRA distributions
  • Filing deadlines

Learning Objectives

  • Discuss accounting method changes
  • Explain legislative changes on the federal and state levels impacting taxes
  • List the dollar amounts for contributions/HDHPs for Health Savings Accounts in 2019

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
Basic understanding of Federal Tax Law

Advance Preparation
None

Registration Options
Quantity
Fees
Regular Fee $39

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