Individual Federal Tax Update - Navigating the Current Tax Landscape

Overview

Stay up to date with the ever-evolving realm of individual income taxation in this essential course tailored for tax practitioners seeking to enhance their knowledge. This course offers an in-depth review of the complexities surrounding Form 1040 for the current tax year. Delve into the recent changes and updates within the tax code, providing you with a comprehensive understanding of the shifting tax landscape. Our course ensures you are well-prepared to assist your clients by navigating the most recent tax changes, regulations, and guidelines.

Highlights

In-depth exploration of crucial IRC Sections.
Thorough assessment of recent changes and updates in individual income taxation.
Unveiling new credits, deductions, and tax relief opportunities.
Addressing complex income issues.
Analyzing income and exclusions related to specific tax scenarios.
Comprehensive examination of itemized deduction intricacies.
Navigating health-related considerations.
Maximizing benefits from tax incentives and deductions.
Grasping the implications of recent regulatory shifts.
Delving into specific tax planning strategies.

Prerequisites

A general understanding of filing IRS Tax Form 1040

Designed For

CPAs, EAs, attorneys, and financial planners

Objectives

Discuss how to complete IRS Form 1040 and other individual income tax returns for the tax season.
Identify and apply recent changes and updates in the tax code to ensure accurate and compliant tax filings.