Participants can save time and keep current on the latest tax developments by takingthis course. This course delves into the many tax provisions of H.R. 1, commonlyreferred to as OBBBA, as well as other legislative, judicial, and IRS developments of thepast year. Participants will discover how to effectively and confidently complete taxplanning and compliance engagements. This course will cover current developmentsaffecting the following: individuals; tax practitioners, including the withdrawal ofcertain regulatory guidance; business entities, including those regarding S corporationsand their shareholders, C corporations, and partnerships; and estates, trusts, andgiftors.
Learning Objectives
Identify inflation adjustments that primarily affect businesses. Identify inflation adjustments that primarily affect individuals. Recognize the impact of recent changes in the tax regulatory environment. Identify changes affecting general business taxation. Recognize changes that affect pass-through entity taxation. Identify changes affecting individual taxation.
Major Topics
Provisions of H.R. 1, commonly referred to as OBBBA IRS administrative issues, compliance, and new forms Court cases settled in the last year New, updated, and expiring tax deductions and credits