Get your tax return training from the industry’s best! AICPA’s individual tax workshop 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!
Learning Objectives
Upon completion of this webcast, participants will be able to:
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
Major Topics
Fringe benefits
Retirement plan distributions
Hobby losses
Home Offices
Tax Credits Gains and losses on property transactions
Depreciation and amortization
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Taxes
8
Who Should Attend
CPAs working with clients or employers requiring up-to-date expertise in individual income taxation for the current tax season.
Instructor(s)
Pamela Davis-Vaughn
Prerequisites
Knowledge of individual income taxation and Form 1040 preparation
