A Comprehensive Review of the Latest Tax Rulings and Changes
Federal Tax Update Self-Study
Get Ready for Tax Season When It Works for You
Using real life experiences with valuable materials, this self-study CPE opportunity will help you quickly understand recent tax changes and be prepared to file on behalf of your client’s best interests. You'll receive the most complete and up-to-date reference manual, written by renowned tax experts, Vern Hoven and Sharon Kreider. The digital PDF manual is hyperlinked to the Internal Revenue Code and other primary authorities, making it a resource not just during the course, but all year long.
Keep Up with Changes to Tax Law
included when you purchase the 2018-2019 Federal Tax Update.
Online
Get immediate access to the 2018-2019 Federal Tax Update learning and reference materials, allowing you to dive deep into the information you need. 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.
Hard Copy
You’ll receive a bound notebook of all the course materials for the 2018-2019 Federal Tax Update, 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.
Self-Study Video
Experience high-quality instruction with our 2018-2019 Federal Tax Update Self-Study Video, available to you 24/7. You can see and hear Vern Hoven 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.
What You'll Learn in Our Federal Tax Update
Individual Tax highlights
- What are the 50 most important individual Tax Cuts and Jobs Act 2018 changes?
- Learn over 50 new individual tax planning ideas after tax reform!
- Will each of your clients pay more, or less, taxes after tax reform?
- Know how kiddie tax increases equal 10 times more tax in 2018. And most trust administrators have no idea!
- Does your client know how the increase in standard deduction will impact their tax return?
- When will the loss of personal exemptions increase your client’s taxes?
- Will the family tax credit make up for the loss of the personal exemptions?
- Will the limit on the SALT deduction mean fewer of your clients will itemize?
- When will the changes to the mortgage interest deduction hurt homeowners?
- What happens when homeowners refinance acquisition debt after Dec. 15, 2017?
- What do homeowners do after the repeal of the home equity debt?
- When is it still possible to deduct interest on borrowing from one’s home equity?
- How will your clients avoid the loss of his or her unreimbursed employee business expenses (Form 2106)? Help your client prepare an action plan!
- Who else loses with the loss of the 2% miscellaneous itemized deductions?
- When will AMT affect your clients?
- How does the change to tax-free exchanges affect your clients? Cost seg. studies are more important now! Learn why.
- Are investors hurt by tax reform? Not with proper planning!
- Are retirees hurt by tax reform? Probably.
- Are real estate rentals helped by tax reform? Some are!
- What do your divorcing clients, and divorce attorneys, do now that alimony isn’t deductible or taxable for 2019?
- Learn the latest updates on ACA and “Repeal and Replace” developments!
- How will the 20% capital gains tax +3.8% NII tax issues impact your clients?
- What are the latest charity audit issues?
- What are the credit rule changes?
- Is FBAR and FATCA reporting still important? You bet!
- What are the latest tax issues for online rentals?
- How does the IRS clarification on who is and isn’t a real estate professional impact your clients?
- What are the latest estate and gift thresholds? Is estate planning still necessary?
Business Tax HIGHLIGHTS
- What are the 50 most important business Tax Cuts and Jobs Act 2018 changes?
- Learn over 50 new business tax planning ideas after tax reform!
- Find answers to your client’s questions on the new 20% Qualified Business Income deduction.
- Do you know who benefits, and who doesn’t benefit, from the 20% QBI deduction?
- Understand how the three QBI deduction limitations work!
- What is the best entity for your client to choose after the 20% QBI deduction?
- Is the sole proprietorship the right choice for some clients?
- Is an LLC better than an S corporation?
- When is the S corporation the right choice when the QBI deduction is considered?
- Will converting to a closely-held C corporation reduce taxes? Most likely not!
- How does the §179 expensing deduction and 100% bonus depreciation change business purchases! Which is better?
- When does a new roof qualify for expensing?
- Our clients must separate entertainment expenses from business meals now! Why?
- How did luxury car depreciation limits change. Great news for many!
- How has the NOL deduction been limited?
- Can business losses be too big to use? Tragically, yes!
- Does the new family leave credit benefit individuals? Businesses? Yes, to both.
- Did accounting methods change for my clients?
- Learn the latest ACA “Repeal and Replace” developments and how these proposals impact large and small businesses.
- Know the impact of marijuana taxation as states legalize its sale.
- Identity scams hitting employers.
- How will the IRS budget allocations to new law implementation affect your clients and you?
- What are the top 10 most litigated tax issues? Is your client a target?
- Know the impact of employee misclassification.
- What is corporate reasonable compensation and what is new?
- What are the tax issues for the “sharing economy”?
Tax Update Manual Included!
Receive a fully-linked, dynamic, PDF copy of our 2018-2019 Federal Tax Update Manual, when you purchase any Federal Tax Update course. This easy-to-use resource will support your success, not just in the course, but throughout the tax season.
MEET OUR EXPERT
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 also produces self-study and webcasts courses. Vern consistently receives outstanding evaluations and has won numerous teaching awards.
Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. Vern practiced in the public, governmental, and corporate accounting fields before starting his own public accounting practice in 1973, a firm that grew to one of the largest in western Montana. In 1985, he started his present tax consulting practice. CPA Magazine recognized Vern as one of the top 50 IRS representation practitioners in 2008.
