Tax Updates for Individuals

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

The pandemic has triggered many changes in tax rules and tax professionals need to take action to optimize the tax picture for individual clients. The SECURE Act, the CARES Act, and other legislation have affected your clients and there are many questions that still need to be sorted out for future planning purposes.

This one-hour CPE session presented by experienced practitioner and instructor Barbara Weltman, J.D. will provide and update on critical year-end tax steps for your individual clients.

Publication Date: January 2021

Designed For
All CPAs, EAs, and other tax professionals who advise individual clients on federal tax issues.

Topics Covered

  • What's new for 2020 returns
  • Special actions in light of COVID-19
  • Tax rules that could change for 2021 and beyond
  • Last-minute tax actions

Learning Objectives

  • Identify how to explain latest developments in federal taxation for individuals
  • Recognize and apply recent developments to year-end tax planning
  • Identify who is eligible for special actions in light of COVID-19
  • Describe the SECURE Act and how it applies to your clients

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
Basic understanding of federal income taxation concepts for individual taxpayers.

Advance Preparation
None

Registration Options
Quantity
Fees
Regular Fee $49.00

 Chat — Books Support