DeliveryLive Event/Seminar/Conference
CPE Credits7
Conference Year

2018

LevelUpdate

COURSE DESCRIPTION

Congress and the President's historic changes to the US Tax Code (TCJA) are now law. This extensive legislation has profound effects on businesses and individuals alike and has prompted a flood of tax-related questions. CPAs and Tax professionals need to be ready now to address clients' tax concerns and provide accurate, up-to-date advice going forward.

Join Western CPE's renowned tax experts as they navigate the most pressing and complex aspects of the law. This workshop/seminar is a must for any tax professional looking to become familiar with the key provisions of this sweeping new tax legislation.


COURSE/SEMINAR SPECIFICS

NASBA Category: Taxes (in NY Taxation)
Prerequisites: Experience preparing tax returns
Course ID: LE8188025
Advanced Preparation: None


COMPLIANCE INFORMATION

NASBA: 103220IRS Provider #: OMYXBIRS Course #: 0MYXB-U-01266-18-IIRS Federal Tax Update Credits: 7
CTEC Provider #: 2071CTEC Course #: 2071-CE-1213CTEC Federal Tax Update Credits: 7
CFP Provider:  3199: 2071CFP Course #: 247865


SEMINAR LEARNING OBJECTIVES

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

  • Determine the basics of the new tax reform law (Tax Cut & Jobs Act or TCJA).
  • Identify the new individual and business tax rates.
  • Cite the changes to various categories of itemized deductions.
  • Recall the complexities of the Qualified Business Income deduction and determine how it replaces corporate AMT.
  • Indicate the impact of the tax law on methods of accounting.
  • Recognize how the new tax law requires stock options to be treated (section 83(i)).