MACPA’s 1040 Fast Track – A Comprehensive Individual Tax Seminar for CPAs and Their Staff (17W999-15)
Description
This event has been pre-approved for CE credit by the CFP Board.
This two day 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. Updates for
tax legislation passed in late 2013 and in 2014 along with many
important topics that impact clients in these difficult times will be
discussed during the lecture.
Learning Objectives
To provide participants with both an update and instruction so that
the participants will have the necessary knowledge to complete IRS Form
1040s for the 2015 season.
Major Topics
Full description of the 0.9% Medicare tax
Full description of the
3.8% Net Investment Income tax
Full description of OBAMACARE tax
credits and penalties
Review of essential IRC Sections
New credits,
deductions and tax relief for 2014
Revised education credits and
benefits
New energy credits
Alternative Minimum Tax legislation and
other extenders
IRS collection issues and lien relief
Reporting
fraud losses and repayment of fraudulent gains
Online sellers and
bartering
Alternatives for required minimum distributions in 2014
Income and exclusions from cancellation of debt
Reporting foreclosures
or repossessions of residences and other real estate
