Participants can save time and keep current on the latest tax developments by taking this course. This course delves into the many tax provisions of H.R. 1, commonly referred to as OBBBA, as well as other legislative, judicial, and IRS developments of the past year. Participants will discover how to effectively and confidently complete tax planning and compliance engagements. This course will cover current developments affecting the following: individuals; tax practitioners, including the withdrawal of certain regulatory guidance; business entities, including those regarding S corporations and their shareholders, C corporations, and partnerships; and estates, trusts, and giftors.
Learning Objectives
When you complete this course, you will be able to:
- Identify inflation adjustments that primarily affect businesses.
- Identify inflation adjustments that primarily affect individuals.
- Recognize the impact of recent changes in the tax regulatory environment.
- Identify changes affecting general business taxation.
- Recognize changes that affect pass-through entity taxation.
- Identify changes affecting individual taxation.
Major Topics
- Provisions of H.R. 1, commonly referred to as OBBBA
- IRS administrative issues, compliance, and new forms
- Court cases settled in the last year
- New, updated, and expiring tax deductions and credits
