2020 Update
|
Delivery Self-Study |
CPE Credits 6 |
Level Overview |
|
NASBA Category Taxes |
Prerequisites General understanding of federal income taxation. |
$174.00 – $204.00
Course Description
*2020 Update includes inflation adjustments, Coronavirus supplement, and reminders on select provisions.
This mini-course examines key individual, business, retirement, and estate tax provisions recently enacted or indexed for inflation. The emphasis is on access to major tax changes having special meaning to the tax practitioner and return preparer. The course is a great resource and way for professionals and staff alike to get the ‘big chunks” and bring their professional knowledge up to speed.
Instructor
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known …
Course Specifics
|
Course ID 8202658 |
Revision Date March 31, 2020 |
Advanced Preparation None |
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01516-20-S
IRS Federal Tax Law Credits: 6
CTEC Course Number: 2071-CE-1413
CTEC Federal Tax Law Credits: 6
Learning Objectives
1. Recognize the various issues affected by inflation and recent tax law developments especially as they relate to individual tax brackets, exemptions & deductions, the AMT, the child tax credit, alimony, HSAs, education plans, and energy credits.
2. Determine the key business tax issues affected by inflation adjustments and recent legislative changes, including corporate tax rates, entertainment expenses, tax credits & deductions, bonus depreciation, expensing, standard mileage rates, employment taxation, repatriation of foreign income, small business stock, partnership taxation, and excessive compensation.
3. Specify differences between various retirement plans, including inflation-adjusted contribution limits and phaseout limits, and determine estate taxes by identifying trust income tax rates and determining applicable exclusion amounts.
4. Coronavirus Supplement