Kentucky Society of Certified Public Accountants

Overview

The Inflation Reduction Act (IRA) and SECURE Act 2.0 both contained tax law changes that impact many individuals in 2023 and in later years. This program covers many of these changes as well as other tax topics that continue to impact individual income taxpayers.

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Objectives

Advise individual clients on tax changes and opportunities in 2023 and after
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Highlights

Impact of higher interest rates on individual income taxpayers
Using a health savings account as a retirement account
Making use of net Section 1231 losses to offset ordinary income
When individuals can take casualty losses, including loss on a personal residence due to casualty
Avoiding or limiting gain on sale of a personal residence
Taking advantage of the mortgage interest deduction
Avoiding the individual alternative minimum tax
Business loss limitation provisions impacting individuals
Broker basis reporting of digital assets
New IRS guidance on transfer of clean vehicle credits
Residential clean energy credits

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0307

2 CPE Credits

Tax: 2 Credits

Registration

Member Price:

$89

Non-member Price:

$119