Overview
Recent legislation, including the SECURE Act, SECURE 2.0, and the Inflation Reduction Act, has kept the federal individual tax arena on its toes. This course provides up-to-date information on critical tax issues affecting individuals with a focus on compliance and tax planning strategies. Join us for this fast-paced, real-world session and make yourself look like a hero in the eyes of your clients. Course materials include the latest legislative and IRS guidance on the latest key tax topics.
Objectives
• Identify individual retirement account (IRA) and qualified plan distributions.
• Recognize the taxation of virtual currency.
• Recall how health savings accounts {HSAs) work.
• Recall the self-employed health insurance deduction.
• Recall the deductibility of charitable contributions.
• Recall the steps to figuring the qualified business income deduction under Section 199A.
• Recall the net investment income tax {NIIT) on unearned income.
