While you were taking tax season head-on, guess what happened? COVID-19 hit like a freight train. IRS and Congress responded in spades with layer upon layer of substantive and procedural changes. Amended return opportunities abound. New elections on 2019 and 2020 returns are spilling out everywhere. All at the same time, over 500 court cases, 200 IRS IRB developments (including regs), 2,500 IRS rulings and other goodies came down. What did you miss? More than you might think. We’ve knocked it down for you. Give us four hours. We’ll get you caught up. This built-from-scratch seminar delivers up-to-the-day changes in federal tax law. The course, delivered at a brisk pace and with humor, is designed to meet the needs of the tax planner and return preparer by identifying and responsibly exploring recent important tax developments.
To update the attendee with relevant new federal tax developments occurring within the most recent 6-8 months of the current year (2020) only
* Major provisions of recently enacted (and newly effective) federal tax legislation * Recent important court cases, regulations, rulings and related developments affecting individuals, C and S corporations, partnerships, businesses, estates/trusts and retirement plans * Recent IRS behavior and its impact * Tax planning opportunities created and freed up by late breaking tax developments
Return preparers, tax planners and taxpayers desiring to keep up with late breaking tax developments