Federal Tax Updates: Individuals - IRS Procedure and Tax Legislation (Video) (Course Id 2763)

The well-informed tax practitioner will want to attend this program in order to stay abreast of major tax legislation changes and updates to IRS procedural issues.  This program will cover new court decisions, recent IRS publications, and the One Big Beautiful Bill provisions that will impact individuals.  This course will provide a concise look at the hottest topics affecting every tax practitioner. 

Who should Attend:  This course is suitable for tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.  All in-house and public practice tax professionals will benefit from this timely and insightful seminar.

Program Content:

• Current tax issues affecting individuals.
• One Big Beautiful Bill Provisions that affect individuals.

• Individual Tax Rates
• Standard Deductions
• Exemptions
• Social Security
• Tip and Overtime
• Credits for Children
• AMT
• Student Loans
• Sec. 529
• Able Accounts
• Trump Accounts
• Gambling Losses
• Vehicle Interest
• Charitable Contributions
• Estate Taxes
• Itemized Deductions
• SALT
• Casualty Losses
• Health Reimbursement

• IRS Improvements
• Tax Controversy Updates
• Retirement Plans
• Innocent Spouse Relief
• New developments affecting the IRS procedure, current cases, payroll, and other federal tax issues.

Course Learning Objectives

• Understand the newest tax developments and changes to the Internal Revenue Code
• Learn effective and efficient techniques for implementing new standards
• Become familiar with recent court cases affecting business entities.
• Become conversant with recently issued Treasury publications and their implications to taxpayers.
• Know the status of upcoming tax legislation and how it might affect clients.