Review of the Latest Developments in Federal Tax (LDFT)

Customer Rating
Field of Study
Taxes
Level
Update
Credits
4
Qualifies For
IRS CPE



Price:  $39.99

Both businesses and individual clients face major changes in the tax landscape. Tax professionals face a considerable challenge: delivering effective planning advice and services to address recent developments while staying nimble to respond to further changes in the coming months. This course addresses contemplated and implemented changes including The CARES Act. It also encompasses the latest cases and rulings and new tax legislation as developed.

Additional information

Credits

4

Format

Self-Study Download

Company Code

Self Study

Yellow Book Approved

0

CFP Approved

0

IRS Approved

1

CTEC Approved

0

Field of Study Credits

Taxes (Technical) (4)

Field of Study Department

Taxes (Technical)

Course Version

2021-01

CPE Approved

1

Pre-requistes:

Experience with individual and business clients

Knowledge Level:

Update

Major Topics:

  • How the Code affects tax planning for individuals and businesses
  • ARPA and Consolidated Appropriations Act of 2021 provisions related to expanded child and family tax credits, RRF grants, ERTC, FFCRA credits, and year-end tax extenders
  • SBA PPP and EIDL loans
  • The CARES Act changes to §163(j), §461(I), and NOL rules
  • Economic Impact Payments and the Recovery Rebate Credit
  • State Tax implications, including how COVID-19 remote work impacts employers and employees
  • Overview of the Biden administration's tax proposals, including The Made in America Tax Plan and The American Families Plan
  • The SECURE Act, including IRA and RMD changes
  • Other late-breaking tax law changes

Learning Objectives:

  • Understand current cases and rulings affecting businesses
  • Understand the latest developments regarding retirement plans
  • Understand strategies and techniques to use in light of tax changes

Designed For:

CPAs who need to know the latest tax law changes in all areas of practice