Using a combination of humor and examples, we will focus on tax developments that affect 2022 income tax return preparation and 2022 income tax planning for businesses.
Using a combination of humor and examples, we will focus on tax developments that affect 2022 income tax return preparation and 2022 income tax planning for businesses.
In this course, we will review current year developments, recurring problems, and planning ideas. Using a combination of humor and examples, we will focus on tax developments that affect 2022 individual income tax planning and return preparation.
In his January 18, 2023 Tax Update, Don will cover provisions of the Inflation Reduction Act, new RMD rules, new exceptions from filing Schedules K-2 and K-3 with 2022 returns, and the new Colorado PTE tax, Don will also cover key retirement plan provisions of the SECURE Act 2.0 included in the Consolidated Appropriations Act of 2023 signed by President Biden on December 29, 2022. In addition, he will bring you up to date on the avalanche of new releases by the IRS in late December including releases explaining the new 2023 credits for energy efficient home improvements, and various notices explaining which vehicles qualify for the new electric vehicle credits available beginning in 2023 (including the requirements for the credit for commercial electric vehicles).
In this course, we review current year developments and planning ideas affecting individual, corporate and business income taxation using a combination of humor and examples. We will emphasize all major new tax legislation as well as other significant tax developments that affect 2023 tax return preparation and 2023 tax planning for individuals, corporations, and non-corporate businesses.
The course format is designed to update CPAs with various levels of experience.
