Federal Tax Update for Individuals Webcast | 4203213A

Date :
November 23, 2020 6:30 AM - 2:00 PM
Location :
Webcast
Facility :
Webcast Event
Level of Difficulty :
Update
Member Price :
289.00
Nonmember Price :
389.00
CPE Credits :
CPE 8.00, MCLE 6.50, IRS-FTL 8.00, MCLE LS-TX 6.50, CTEC-FTL 8.00
Show tabs
 

This in-depth analysis of the year's important changes in Federal tax law explains new legislation and IRS guidance on this legislation. Key developments from the IRS and courts are also covered along with the compliance and planning lessons learned from these rulings. Due diligence considerations relevant to all new law is addressed to help get ready for the upcoming busy season. A tax outlook post-election is also included.

Course materials summarize each important development and the eBook provides links to the full text of source documents discussed during the program. Materials include a table of all guidance issued under the TCJA, as well as links to Federal regulations and rulings.

Note: This is the companion course to Federal Tax Update for Businesses and Estates. These courses should be distinguished from the federal and California tax update courses offered by the instructors.

 

 

Objectives:

 
  • Identify new federal tax legislation affecting individuals.
  • Determine the year's significant federal law change from the legislature, IRS and the courts.
  • Identify new due diligence areas relevant to individual income tax matters.
  • Learn how new tax rules affect tax planning and compliance.
 

Major Subjects:

 
  • 2020 legislation from Congress.
  • Income inclusions, exclusions and deductions, including Section 199A developments.
  • Property transaction updates including for virtual currency.
  • Passive activities, hobby and other losses.
  • Filing status, credits and retirement plan developments.
  • Expiring provisions.
  • Tax practice, procedures and due diligence reminders.
  • Post-election tax outlook federal.
 

Advanced Prep:

 

None.

 

Misc. Information:

Save with Discount Programs

Join or Renew Today
Level of Difficulty:
Update
Field of Interest:
Taxes
Prerequisites:
 

General knowledge of taxation.

 
Designed For:
 

CPAs, tax practitioners and attorneys.

 

Instructors

Annette Nellen, CGMA, CPA, Esq.
CPA, CGMA, Esq., is a professor in and director of San Jose State University’s graduate tax program (MST), teaching courses in tax research, accounting methods, property transactions, employment tax, ethics, leadership, and tax policy. Nellen chairs the AICPA Tax Executive Committee and serves on the AICPA Tax Reform Task Force. She is a former chair of the ABA Tax Section’s Sales, Exchanges & Basis Committee and past member of the California Bar Taxation Section’s Executive Committee. She is the recipient of the 2013 Arthur J. Dixon Memorial Award given by the Tax Division of the AICPA, the highest award given by the accounting profession in the area of taxation. Nellen is the author of Bloomberg BNA Tax Portfolio #533, Amortization of Intangibles, and the Bloomberg BNA Internet Law Resource Center’s portfolio, Overview of Internet Taxation Issues. She is an editor and author for the Southwestern Federal Taxation textbooks, and is a regular contributor for the AICPA Tax Insider and Tax Analyst’s State Tax Notes’ “Moving Forward?” column. She is a frequent speaker on tax updates, tax ethics, new economy tax matters, and tax reform. Nellen maintains the 21st Century Taxation website and blog, as well as several websites on tax reform, state tax nexus, e-commerce taxation, and virtual currency/blockchain taxation. She has testified before the House Ways & Means Committee, Senate Finance Committee, California Assembly Revenue & Taxation Committee, and tax reform commissions and committees on various aspects of federal and state tax reform. In 2015, she was appointed to the Advisory Council to the Executive Director of the California Board of Equalization for a two-year term. Nellen is a graduate of CSU Northridge (bachelor’s degree in accounting), Pepperdine (master of business administration), and Loyola Law School (juris doctor degree). Prior to joining SJSU in 1990, she was with Ernst & Young and the IRS.

Materials:

  • Materials - ebook