The industry’s best tax return training will reinforce your understanding of frequently used principles. Learn practical insights from nationally recognized tax experts. In this fast-paced, real world session, cover all the key tax return issues so you are armed with the latest guidance for the upcoming tax season. This course provides a wealth of tax-planning tips and strategies, don’t miss out!
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
Major Topics
Fringe benefits
Retirement plan distributions
Hobby losses
Home Offices
Depreciation and amortization
Tax Credits
Gains and losses on property transactions
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Tax
CPE Field of Study
Taxes
8.0
Who Should Attend
CPAs working with clients or employers requiring expertise in individual income taxation
