Technical Standards Category: Taxation
Audience: CPAs, tax practitioners, controllers, financial managers, CFOs
Delivery: 1-Day (8 Hours)
Purpose of the Course
This course provides a comprehensive update on:
- New federal tax law changes
- IRS regulations, court rulings, and guidance
- Business and individual tax planning strategies
- Complex tax areas (basis, losses, pass-throughs, depreciation, 199A)
- Strategic tools to minimize tax liabilities
- How CPAs should prepare for upcoming tax seasons
Learning Objectives
Participants will be able to:
- Apply recent IRS regulations and tax updates
- Correctly calculate business and individual tax positions
- Navigate complicated deductions and limitations
- Understand tax impacts of entity choice
- Identify high-value tax planning opportunities
- Advise clients on minimizing tax liability legally and ethically
Key Takeaways
- Tax law changes frequently — CPAs must stay updated
- Basis, loss rules, and QBI are essential to pass-through planning
- High-income individuals have unique tax-saving opportunities
- Crypto taxation is increasingly enforced
- Smart planning reduces IRS scrutiny
- Entity structure can significantly impact tax liability
