The Best Individual Income Tax Update Course by Surgent

Description

This highly informative course comprehensively covers all the latest tax law developments. The
focus is on individual taxation and discussion of the planning opportunities practitioners need to
understand to help clients respond effectively. You will come away from the course with the up-todate
knowledge to educate your individual tax clients and implement tax-savings ideas that will serve
their ever-evolving needs. This course is continually updated to reflect enacted legislation.

Highlights

  • A new supplement discusses major provisions of The Build Back Better Act as introduced by the House Ways and Means Committee in September 2021
  • The CARES Act and FFCRA, including expanded leave programs and offsetting employer credits
  • ARPA and Consolidated Appropriations Act of 2021 provisions related to PPP Forgiveness loans, RRF grants, FFCRA credits, and year-end tax extenders
  • Expanded child tax credit, child and dependent care credit, and earned income tax credit provisions under ARPA
  • Economic Impact Payments and the Recovery Rebate Credit
  • Donor Advised Funds
  • Detailed review of Loss Limitation Rules
  • Employee vs. Independent Contractor classification considerations
  • A comprehensive overview of Cryptocurrency, including important tax considerations
  • Review of pertinent cases and rulings affecting taxpayers
  • Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
  • The latest issues related to any other late-breaking tax law changes

Objectives

Understand strategies and tactics to use in light of new legislation
Understand the most current guidance on retirement planning
Understand how to nail down valuable deductions and other reductions to the tax base

Designed For

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their individual clients



Leaders

Sali Sheafor

With close to twenty years of accounting experience, Sali Sheafor works with clients all over the United States. She is currently licensed in Wisconsin, Minnesota, and Florida. Armed with an education from the University of Wisconsin system, she earned her certification and went on to create her own public accounting firm, TAP Consulting, LLC. She has enjoyed the opportunity to teach accounting to students in her area as well. While accounting and taxes are her first hobbies and she relishes the challenges of the ever-changing accounting world, she also enjoys snowmobiling, gardening, biking, and community service.