General knowledge in income tax preparation.

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Course Description

There can be much confusion—especially for taxpayers—surrounding who has to pay the alternative minimum tax. Stay current on the rules by exploring the Top 10 Causes of AMT and dive into planning opportunities for each particular area. You’ll learn how multiple-year planning strategies can affect the AMT's impact in future years and how capital gains affect AMT. In addition, we'll demystify Form 8801, look at ways to ensure your clients get the most of their minimum tax credit, and review AMT issues specific to California.

Course Highlights:

  • History of the AMT
  • The AMT calculation
  • Capital gains and AMT
  • Tax planning strategies for Californians
  • AMT exclusion amounts
  • Kids and AMT
  • Married filing separate issues
  • The minimum tax credit
  • The top AMT preferences and adjustments


Karen Brosi, CFP, EA

Karen Brosi, CFP, EA, has an extensive California tax practice, advising clients in individual tax and family wealth planning, specializing in complex individual income tax matters and all types of securities transactions. Her background as a CFP and as a tax preparer for the wealthy makes her particularly effective in the tax and financial planning arenas. Karen teaches tax professionals how to avoid tax minefields with her extensive planning checklists and practical tips.

Besides being one of the most prominent California tax update instructors, she’s a favorite interviewee on radio, television, and in print media, such as Bloomberg Businessweek. Karen’s powerful real-life presentations pinpoint critical federal and state tax areas, teaching tax professionals what they need to know to optimally assist their clients. Karen was the recipient of the California CPA Education Foundation 2012-2013 Outstanding Webcast Instructor award.

Course Specifics

Dec 28, 2017
General knowledge in income tax preparation.

Compliance Information

IRS Provider #: OMYXB
IRS Course ID: 0MYXB-T-01257-18-S
IRS Federal Tax Law Credits: 1
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1204
CTEC Federal Tax Law Credits: 1
Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Select the AMT exemption for specific years.
  • Identify AMT preference or adjustment items, their applicable rates, and effective dates.
  • Identify AMT exemption phase-outs for taxpayers.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

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