The volume of individual tax returns requiring preparation can create an environment that leads to errors or omissions. Identify common errors practitioners make on individual tax returns for single filers.
DESIGNED FOR
CPAs working in Tax
CPA Firm partners, managers, and staff
BENEFITS
Section 199A
The qualified business income deduction
Self-employed health insurance
The home office deduction
Rental properties
Hobby losses
Depreciation
Discharge of debt
Alimony paidHIGHLIGHTS
- Identify potential errors or omissions of information on tax returns.
- Recognize planning opportunities for your clients based on information reported on a tax return.
- Determine the proper tax treatment for certain rental property activities.
- Determine the proper tax treatment for various start-up costs by a new business.
PREREQUISITES
Basic knowledge of, or experience with, individual taxation