Kentucky Society of Certified Public Accountants

Overview

This course provides new staff accountants, data processing employees, para-professionals, and bookkeepers a study into some of the more complicated issues they may face in tax return preparation. Updated for impacts of recent legislation, including the SECURE Act 2.0, the Inflation Reduction Act, CARES Act, Consolidated Appropriations Act of 2021 (CAA 2021), ARPA, TCJA, and SECURE Act.

Prerequisites

None

Objectives

Have an overview of passive activity rules
Complete a comprehensive Form 1040
Learn about IRA contributions and self-employed retirement plans
Complete a comprehensive problem related to computation of an individual’s federal income-tax liability, with filled-in forms

Highlights

Business income and expenses
IRAs, qualified retirement plans, and Social Security benefits
Depreciation and recapture
Rental income and expenses, income via Schedule K-1, and loss limitations
Alternative Minimum Tax
Casualty losses, moving expenses, sale of home, alimony, and penalties

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:

SUS0471

10 CPE Credits

Tax: 10 Credits

Registration

Member Price:

$189

Non-member Price:

$239