Are you up-to-date on the latest tax planning developments for 2019? This course, newly authored by Margaret F. Suralik, CPA/ABV, ASA, explores the hottest tax planning topics that will impact you and your clients. Discover how these topics may impact tax planning strategies and be in a position to help minimize your client’s tax bill. Course materials include the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law.
• Determine whether a client’s tax plans are intact. • Apply recent tax law legislation to adjust tax planning strategies. • Recognize new tax planning opportunities. • Identify ways to minimize a client’s tax bill.
Current and latest tax law developments affecting individuals and small businesses, including the following: • Tax reform’s impact on individual and business taxpayers • Section 199A Qualified Business Income deduction • Court decision tax developments • Section 179 and bonus depreciation • Section 529 and Education IRA savings accounts • American Opportunity and Lifetime Learning Credits • Health Insurance Premium tax credit • Meals, entertainment, and fringe benefits • Tax-advantaged Savings and Retirement plans • Tax preparer penalties – due diligence • Hot tax planning strategies for individuals and small businesses
Basic understanding of individual and business taxation