The Trump Tax Plan (audio)

  • Credits: 2
  • Format: Self-Study Audio
  • Field of Study: Federal Tax Update
  • Author/Speaker: Eva Rosenberg
Course ID: Advanced Preparation: Experience Level:
EWTFM-U-01812-21-S | 6233-CE-0530 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© July 2020 Basic Understanding of Taxation N/A
COURSE DESCRIPTION

This audio will provide a solid overview of the major issues affecting individuals and small businesses as a result of the Tax Cuts and Jobs Act (TCJA). It includes comparisons to 2017 and 2018 to help tax professionals do planning while working on current year tax returns.

Topics include:
  • TCJA provisions affecting 2017 tax returns
  • TCJA provisions affecting individuals for 2018 – 2025
  • TCJA provisions affecting businesses for 2018 – 2025
  • Tax provisions that expired on 12/31/16 – that affect 2017 tax returns, that are extended, retroactively to 1/1/2017
  • Side-by-side comparisons of 2017 and 2018 numbers
  • The Basics
  • Kiddie Tax
  • Adjustment to Income
  • Itemized Deductions
  • Employee Benefits and Deductions
  • Vehicles
  • Tax Credits
  • Estate and Gift
  • Business Issues
  • Depreciation
  • Section 199A - QBI

 

Learning Objectives:

After reading the course material, you will be able to:

  • Learn the specific information need to prepare tax returns correctly for 2017 and to do tax planning for 2018 and beyond.
  • Suggestions are provided to help tax professionals guide their clients with workarounds for lost employee business deductions.

 

Who Should Attend:
  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

 

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:
NASBA
IRS
CTEC