Overview
Preparing for the busy season involves knowing what’s new for the current year and understanding how the changing limits, phaseouts and other rules apply to current-year returns. With major legislation enacted over the past few years, receive essential individual tax information. In addition, review significant tax form changes, new tax forms, new limitations, key developments as they are reflected in the IRS forms, and IRS filing issues and deadlines that will be invaluable to attendees who prepare tax returns during the busy season.
Objectives
- Understand which income tax returns and schedules have changed for individuals and pass-through entities
- Identify the legislative, administrative, and judicial developments that affect the income tax returns and schedules of individuals and pass-through entities
Prerequisite
Basic familiarity with tax rules relating to individual and pass-through entity taxation for the current tax year