Individual Income and Tax Compliance Annual Update

Overview

The most pressing tax matters affecting individuals, estates, and trusts

With so many tax developments that come up during the year, it’s hard to stay on top of every salient issue. In this all-new course, you’ll review a tailored list of updates highlighting the most pertinent issues affecting individuals, estates, and trusts from the past year, including relevant regulatory updates related to H.R. 1, commonly referred to as OBBBA. Matters that specifically affect tax practitioners (such as changes in the tax regulatory environment) are also covered.

Topics include:

Inflation adjustments

U.S. Tax Court cases

Regulatory and sub-regulatory guidance

Insights to study before, during, and after tax season

Materials inform you of the latest legal and regulatory tax matters affecting individuals, estates, and trusts, helping you effectively complete tax planning and compliance engagements. Course materials point out tax planning opportunities and provide practice tips to help you serve clients with confidence.

Highlights

IRS guidance, including notices, revenue rulings and revenue procedures

IRS and Treasury proposed, temporary and final regulations

U.S. Tax Court cases

Legislative updates

Prerequisites

Basic knowledge of federal income taxation

Designed For

Public accounting senior associates, managers, and partners

Financial advisers

Objectives

Identify inflation adjustments that primarily affect individuals.
Recognize the impact of recent changes in the tax regulatory environment.
Identify changes affecting individual taxation.
Recall the factors that determine whether an activity is a hobby or a business.

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by AICPA.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

William Harden

Leader Bios

William Harden

Bill is an Associate Professor in the Bryan School of Business and Economics at the University of North Carolina at Greensboro where he teaches tax courses on flow-through entities, individual and corporate tax, tax research, IRS practices, and ethics. Bill has over twenty years of experience in taxation. He began his public accounting career in 1990 in the Dallas office of one of the Big Six accounting firms. In addition to his university teaching, Bill consults on tax and financial planning issues and maintains a sole practice in North Carolina, focusing on taxation and financial consulting for small businesses and individuals. Bill has testified before the House Ways and Means Oversight Sub-Committee on Internet taxation issues. He was the recipient of a Lybrand Certificate of Merit in 2002. Bill has been involved in CPE instruction for over a decade. He received NCACPA outstanding instructor awards in 2009, 2010, 2011, and 2013. Bill has authored over 30 publications in tax accounting and financial planning journals, including the Journal of Financial Service Professionals, Strategic Finance, National Tax Journal, Journal of Business Finance and Accounting, Tax Notes, Tax Advisor, and Journal of the American Society of CLU and ChFC. Mr. Harden is currently a member of the American Accounting Association, the American Taxation Association, the National Tax Association, and the North Carolina Association of CPAs.

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