DESCRIPTION
Individual tax is one of the most productive and income-generating subjects for tax practitioners. Though there are specifics available for each individual topic in Individual tax, there is a requirement for the best overview of the update every year. Qualified EA, LPA, and Advisor Mr. Jason Dinesen provides us a birds-eye view with a special focus on individual tax updates including the itemized deduction for 2020, comprehensive planning techniques for children of all ages, latest guidance on taxes for cryptocurrency and digital assets, section 199A updates, the latest update on educational tax credits, and key tips to reduce taxes for your clients in this comprehensive live webinar. This webinar would not only give you a highlight of the tax for your individual tax clients but also prove to be a real winner to be the best tax practitioner.
Learning Objectives:
Tax laws are constantly changing. Tax and financial professionals need to stay current to understand the impact of these changes and to minimize taxes. This practical webinar provides a comprehensive update and an instant working knowledge of all key tax provisions. This course covers all the aspects with regard taxation and latest developments in tax laws. It includes basic formulas and methods that how the income tax is calculated. Further there are which deductions are available for individual tax clients which helps to minimize tax burden of your clients. You will come to know latest amendments from this course and enhance your knowledge to serve best to your individual tax clients.
This Individual tax update CPE webinar covered major topics:
- Essentials of Income Taxation
- Basic Formulas for calculating Income tax
- Various types of tax years
- Identification of income and deduction with examples
- Incomes and Exclusions
- Factors affecting and determining filing status
- General tax concepts
- Estimated Payments
- Credits
- Accountant Accounting Managers
- Accounting Practice
- Accounts Director
- Chief Accounting Officer
- CPA (Industry) CPA - Mid Size Firm CPA - Small Firm CPA in Business
- Entrepreneurial Accountant
- Entrepreneurial CPA
- Senior Accountant Staff of Accounting Firm
- Tax Accountant (Industry)
- Tax Firm
- Tax Managers
- Tax Practitioners
