Get your tax return training from the industry’s best! AICPA’s
individual tax webcast provides the latest practical insights from
nationally recognized tax experts. Reinforce your understanding of
frequently used principles, and receive a wealth of tax-planning tips
and strategies. All key tax return issues are covered during this
fast-paced, real-world session. Make sure you are armed with the latest
guidance as you enter the upcoming tax season! Topics Discussed: •
Fringe benefits • Retirement plan distributions • Hobby losses • Home
Offices • Depreciation and amortization • Tax Credits • Gains and losses
on property transactions
Learning Objectives
•
Recognize compensation issues and nontaxable employee fringe benefits • Identify the specific rules that apply under the “passive activity” rules • Identify and calculate the business deduction for home office expenses and deduction limitations on vacation homes and other ordinary business expenses • Analyze the deductibility of hobby losses • Identify the rules for depreciation and amortization deductions • Differentiate between capital and ordinary income treatment on property transactions • Identify tax consequences for self-employed retirement plans and IRAs • Gather the necessary information required to include the claim for a tax credit on an individual income tax return
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Taxes
8
Instructor(s)
Pamela Davis-Vaughn
Prerequisites
Knowledge of individual income taxation and Form 1040 preparation