Annual Tax Update: Individuals and Sole Proprietors

Description

Get ready for the upcoming tax season! This comprehensive course presents what's new and what has changed in the federal individual income tax arena. It brings you up-to-the-minute guidance on the latest tax legislation, court decisions and IRS pronouncements. Gain practical insights and valuable tax-saving strategies from AICPA's seasoned tax professionals who know what the new laws, rules, and court rulings can mean for real-world taxpayers. With the ever changing tax laws and their increased complexity, you can't afford to miss this course!

Highlights

  • Latest tax legislation, court rulings, and IRS pronouncements related to individuals and sole proprietors
  • Practical return preparation tips
  • Latest developments for pass-through entities that affect Schedule C and Schedule E
  • Tax-saving ideas
  • Unique Insights into new planning strategies
  • Latest IRS rulings impacting individuals
  • Latest developments on estates, gifts, and trusts
  • Depreciation and amortization

Objectives

  • Identify and recall how to comply with the latest requirements resulting from federal tax statutes, regulations, cases, and rulings.
  • Use new planning ideas for individuals and sole proprietors resulting from recent tax changes.

Designed For

Tax practitioners in public practice and industry that need to stay on top of the latest changes in federal tax law for individuals and sole proprietors



Leaders

Cecil Nazareth

Cecil K. Nazareth, Chartered Accountant, CPA, MBA Norwalk, CT

Cecil Nazareth is a partner with IFRS Partners, a CPA firm with offices in the New York City tri-state area. The firm specializes in international tax and accounting, particularly for SME companies, subsidiaries of foreign parents and HNW families in India and the U.S.

A nationally renowned leader on IFRS Education, training, consulting and conversion, Nazareth is a Chartered Accountant and a US CPA and understands the differences between IFRS and US GAAP having practiced in both arenas. He is also a Professor of Global Accounting at Fordham University in New York City. Nazareth has appeared on ITV’s Renee Report and has spoken at the Diamond Jubilee of Indian Chartered Accountants of India (ICAI) on the role of a Global accountant and IFRS. He has conducted several IFRS training sessions including sessions for the ICAI and the Bombay stock exchange CFO magazine and several CPA firms and companies around the world.

Earlier, Nazareth served as the Director of AICPA’s Internal Audit and Strategy. In that key role he worked on the AICPA overall strategic goals and organizational development. He worked closely with the CEO on various strategic initiatives.

Previously Cecil worked with AICPA’s SEC Practice Section reviewing Technical issues peer reviews of several large CPA firms performing SEC related work. Before joining the AICPA, Cecil was an Audit supervisor at Ernst and Young specializing in the financial services industry. His international experience includes the practice in the Middle East and India. He has an MBA in finance from Fordham University and Information Technology from Columbia University in NYC.

Certificate and Diploma in IFRS from the ICAEW