Upon successful completion of this course, participants will be able to:

• Discuss individual tax reform developments.

• Enumerate planning ideas for individual tax reform.

• Review tax issues explained and clarified in recent tax court cases and IRS rulings.

• Accurately prepare returns for individual taxpayers.

• Understand and apply the various JRA and Roth JRA rule changes in SECURE in order to properly utilize these vehicles for retirement and tax planning.

• Identify tax issues and apply regulations related to real estate and investment property.

• Identify top estate planning ideas.

• Apply the many other individual tax changes applicable for 2021 returns.

• Updates on the latest individual tax legislative developments

• Planning ideas regarding individual taxes

• 20% capital gains tax +3.8% NII tax issues

• Opportunity Zone Fund Investment reporting developments

• Virtual currency transaction tax news

• SALT limits and new workarounds

• Charity audit issues including conservation easement syndications

• Mortgage interest discussion on buying a first home, buying up and refinancing

• Refundable and nonrefundable credit rule changes

• FBAR and FATCA reporting

• Updates on ACA and the individual mandate

• IRA and Pension issues including SECURE legislation

• Tax issues for online rentals

• IRS clarification on who is and who isn't a real estate professional

• Estate and gift planning ideas updated

• Trust tax updated

• A complete discussion of the provisions included in the 2021 Consolidated Appropriations Act and the American Rescue Plan Act

• Plus, a review throughout the day of issues explained and clarified in recent tax court cases and IRS rulings