Objectives
• Identify potential errors or omissions of information on tax returns.
• Recognize planning opportunities for your clients based upon information reported on a tax return.
• Determine the proper tax treatment for certain rental property activities.
• Determine the proper tax treatment for various start-up costs by a new business.
• Recognize some potential issues surrounding the qualified business income deduction and certain service businesses.
• Determine proper
Prerequisite
Basic knowledge of individual income taxation