|
Course Description
This mini-course examines key individual, business, retirement, and estate tax provisions recently enacted or indexed for inflation in an overview format that is easy to reference. The emphasis is on quick access to major tax changes having special meaning to the tax practitioner and return preparer. The course is a great resource and way for professionals and staff alike to easily get the “big chunks” and bring their professional knowledge up to speed.
|
|
Delivery: Internet/Interactive
NASBA Category: Taxation
|
|
Learning Objective
After reading the materials, participants will be able to:
1. Discuss the various issues related to individual income taxes by listing the income tax rates for the various tax brackets, quoting the AMT phase-out limits and contribution limits to HSAs, and explaining the how the various individual income tax credits work, including education and energy credits.
2. Identify and discuss the key business tax issues, including bonus depreciation, expensing, the NOL carryback period, standard mileage rates, work opportunity credit, and recent changes affecting S corporations.
3. Differentiate between the various retirement plans, including contribution limits and phase-out limits, and review estate taxes by citing trust income tax rates and explaining how to calculate interest on estate tax installments.
|
|
Level:Overview
Overview-This program is appropriate for professionals at all organizational levels
Prerequisites: None
Updated/Revised: April 2012
|
