Further Consolidated Appropriations Act - Extenders and SECURE Act Provisions, Enacted on 12/20/2019

CPE Credits
NASBA Category



Course Description

This overview of the Further Consolidated Appropriations
Act, 2020 (HR 1865) covers both Extenders AND provisions of The SECURE Act.
Enacted on Dec. 20, 2019, this was must-pass legislation, or the government
would have shut down on Dec. 21st. Tacked onto the critical appropriation bill
were many year-end tax changes — some retroactive.  Included in the new law are pension and IRA
reform provisions, extenders, disaster relief, and the repeal of a few ACA

Since the Further Consolidated Appropriations Act retroactively
changed 16+ tax breaks that had expired in 2017, amended returns for 2018 are

Also included in this analysis is a summary of 23 major provisions
of the Setting Every Community Up for Retirement Enhancement (The SECURE Act),
the First Pension and IRA Overhaul since the 2006 Pension Protection Act.

You Will Leave with No Questions Unanswered!


Vern Hoven, CPA, MT

Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education. Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking …

Vern Hoven, CPA, MT Read More »

Sharon Kreider, CPA

Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …

Sharon Kreider, CPA Read More »

Course Specifics

Course ID
Revision Date
January 19, 2020
Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01481-20-O
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1376
CTEC Federal Tax Update Credits: 2

Learning Objectives

· Introduction – The Further Consolidated
Appropriations Act, 2020 (HR 1865) 

· Individual Provisions

Kiddie Tax

Medical Expense Deduction AGI Limit

529 Plans

Qualified Tuition and Related Expenses

Treatment of Mortgage Insurance Premiums (MIPs)

· Individual Disaster Relief Provisions

Temporary Increase in Limitation on Qualified
Contributions for Disaster-related Relief

Special Rules for Qualified Personal Casualty

Special Rules for Determining Earned Income for
Refundable Child Tax Credit and Earned Income Credit Purposes

Automatic Extension of Filing Deadlines in Case
of Individual Taxpayers Affected by Federally Declared Disasters

· IRA and Retirement Funds – 16 Provisions

· IRA and Retirement Funds – Disaster Relief – Two

· Real Estate

Exclusion for Cancellation of Acquisition
Indebtedness on Qualified Principle Residence Indebtedness expiration

Nonbusiness Energy Property Tax Credits
Retroactive Extension

· Business – 12 Provisions

· Business – Disaster Relief – Three Provisions

Temporary Increase in Limitation on Qualified
Contributions for Disaster-Related Relief

Employee Retention Business Credit for Employers
Affected by Qualified Disasters

Automatic Extension of Filing Deadlines in Case
of Business Taxpayers Affected by Federally Declared Disasters

· Payroll Provision

Employer Credit for Paid Family and Medical
Leave Extension

· C Corporation Provisions

Temporary Increase in Limitation on Qualified
Contributions for Disaster-Related Relief

Repeal of Increase in Unrelated Business Taxable
Income (UBIT) for Certain Fringe Benefit Expenses Paid by Exempt Organization

· IRS Practice and Procedures Provision

Increase in Penalty for Failure to File