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Tuesday, December 19, 2023 Live Webcast

Reviewing Individual Tax Returns: What Are You Missing? (E2312742)

8:45 AM - 12:15 PM EST

Registration: 8:30 AM EST

webcast

Vendor Platform

4 CPE Credits in TX

OVERVIEW

The sheer mass of Internal Revenue Code provisions affecting individual taxpayers presents a considerable challenge for CPAs and tax professionals. The review stage of preparing a return serves as a critical backstop to prevent errors in clients' returns.

This case study-based course addresses common mistakes practitioners make when preparing individual tax returns that are often missed by review staff. Learners will review four sample returns and identify both errors and areas of opportunity. They'll also discover issues that may warrant additional client information and about areas of tax law that require deeper analysis.

DESIGNED FOR

CPA firm partners and managers tasked with reviewing individual Tax returns. CPA firm staff tasked with preparing individual Tax returns. CPA sole proprietors specializing in individual taxation.

BENEFITS

  • Determine the proper tax treatment for certain rental property activities.
  • Distinguish between hobbies and businesses.
  • Identify the warning signs that a client might have unreported income.
  • Determine proper tax return reporting of a like-kind exchange transaction.

HIGHLIGHTS

  • Qualified business income deduction
  • Hobby losses
  • Self-employment health insurance
  • Business start-up costs
  • Depreciation
  • Schedule C issues
  • Like-kind exchanges
  • Charitable contributions of property

TAKE THEIR WORD FOR IT…

Past attendees say:
  • More fun than just reading and listening
  • Enjoyed taking this class. Thanks you.

COURSE LEVEL

Intermediate

PREREQUISITES

Basic knowledge of, or experience with, individual taxation

ADVANCE PREPARATION

None

INSTRUCTOR

William Taylor

William F. Taylor, CPA
(4.6)

Surgent Professional Education

William F. (Bill) Taylor, CPA is President of Lifetime Financial Solutions, LLC, a financial coaching firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS, he has served as an adjunct assistant professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 25 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS, office of KPMG Peat Marwick and managing his own firm since 1999. A nationally known consultant and speaker, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals & Actuaries, CPA and bar associations in 45 states, and many private organizations. He has been awarded both the AICPA Outstanding Discussion Leader award and the James L. McCoy Discussion Leader of the Year Award from Surgent CPE. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.

PRICING

$189.00 - Member

$264.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

AICPA/NJCPA