CPE Course Surgent's Technical Individual Practice Issues and Tax Forms for Experienced Practitioners (ATFI)

January 27, 2021

9:00 AM — 5:00 PM

Location Webinar

Member Price $259.00
Non-member Price $289.00

Curriculum Taxation

Field of Interest

Level Advanced

Designed For

CPAs in public accounting who prepare or review complex 1040 returns

8.00 credits

View Cart Add to Calendar

Objective

  • Recognize and understand how to handle advanced technical issues which arise in a professional practice and in preparing individual tax returns
  • Complete the tax forms for selected issues

Highlights

  • What’s NEW for this year -- Aimed at higher level staff issues and planning
  • Qualified Business Income -- Coverage of §199A including the real estate safe harbor, wages, basis in assets, and so on
  • A tour of the most recent forms changes, starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on significant recent tax legislation
  • How will clients (and practitioners) interact with the IRS in the future?
  • Hot, hidden, or miscellaneous developments affecting the upcoming tax season
  • Things your parents taught you?
  • Utilizing the ABLE program
  • Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas
  • Form 6198 -- At-risk basis: Detailed case study and discussion of how this form is to be used and when it needs to be filed; learn how basis and at-risk basis are different, and why this is significant
  • Form 6252 -- Installment sale income: A common tax area; however, a case study and discussion of this topic includes advanced issues such as gain on reacquisition of installment sale property, including worksheets on calculating gain & tax basis of reacquired property
  • Form 5329 -- Additional taxes on qualified plans: Advanced study of how to avoid penalties

Instructors

Prerequisites

Basic to intermediate-level experience in preparing Form 1040

Developer

Surgent McCoy CPE, LLC

Back to Course List View Cart