Description
This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation. This course will provide a comprehensive review of Form 1040 complexities for the 2020 tax year. Included will be a thorough review of all tax codes made by the SECURE Act and the CARES Act.
Click here to return to Beach Retreat main page.
Learning Objectives
Upon completion of this course, participants will:
Recognize and complete IRS Form 1040 and other individual income tax returns for the 2020 tax season
Major Topics
Review of essential IRC Sections
Review of individual changes made by any recent legislation
New credits, deductions, and tax relief
Income issues
Income and exclusions from cancellation of debt
Itemized deduction issues
Health reform and medical issues
Special income tax treatment of COVID 19 stimulus payments
COVID – 19 related extensions, carryovers, and effect on loss rules
Maximum benefit from an office-at-home, education deductions and credits
Health insurance, HRAs, HSAs, Changes in the law by Congress
Kiddie tax
Professional Area of Focus
Who Should Attend
CPAs and EAs, and other tax and financial professionals
Instructor(s)
Arthur Werner
Prerequisites
A general understanding of filing IRS Form 1040
Maryland Association of Certified Public Accountants, Inc. ©2025. All Rights Reserved.