This module follows the IRS guidelines for the Annual Federal Tax Refresher (AFTR) portion of the Annual Filing Season Program (AFSP) Record of Completion. It consists of the most recent tax updates information to prepare the tax professional for the upcoming tax season. The information is as current as the date of publication. Any new updates will be added to the learning path on www.Prendo365.com and you will receive a notification via email.
Completion of this course, the student will receive 3 hours of updates.
At the end of this presentation the student will understand the following:
- The annual inflation adjustments.
- The current status for tax extenders.
- How to treat alimony.
- The current tax year medical expenses limits.
- The ACA penalty.
- The QBI deduction.