January Live Tax Updates II

January Live Tax Updates II

Regular price
$199.00
Sale price
$199.00
Quantity must be 1 or more

Schedule

January 6, 2020

8:00 am - 11:00 am PT

Description

This course covers the 2020/2021 annual inflation adjustments of standard deductions, tax rates, and refundable and nonrefundable credits. This course will have information on how the pandemic has changed tax season and other important events. Learn the latest changes on the regulations regarding qualified business income (QBI) and changes. Changes to Form 1040 and the schedules will be discussed and so much more. Additional topics include:

  1. Pandemic impacts
  2. CARES Act
  3. SECURE Act
  4. H.R. 748
  5. Families First Coronavirus Act
  6. Annual Inflation Adjustments
  7. Disaster relief changes
  8. Medicaid Waiver Payments

Objectives

At the end of this course, the student will be able to do the following:

  • Know the annual inflation adjustments
  • Understand the status for tax extenders
  • Recognize how to treat alimony
  • Know the current tax year medical expenses limits
  • Understand QBI deductions and the qualifications   

Field of Study: Federal Tax Updates 3 Hours
Course Level: Intermediate to Advance
Prerequisite: General tax preparation knowledge is required. 
Delivery Method: Live Webinar                      

IRS CE: 15G0B-U-00443-20-I
CTEC: 2080-CE-0019

Expiration Date to earn CEs: October 1, 2021