Both businesses and individual clients face major changes in the tax landscape. Tax professionals face a considerable challenge: delivering effective planning advice and services to address recent developments while staying nimble to respond to potentially massive changes in the coming months. This course addresses contemplated and implemented changes including the Trump tax plan. It also encompasses the latest cases and rulings and new tax legislation as developed.
Learning Objectives
- Understand strategies and techniques to use in light of tax changes
- Understand the latest developments regarding retirement plans
- Understand current cases and rulings affecting businesses
Major Topics
- Update on major recently enacted tax law changes including the Trump tax plan
- How the Code affects tax planning for individuals and businesses
- Retirement plans and IRAs
- Review of pertinent cases and rulings regarding exclusions, character issues, retirement planning, travel and other items affecting your individual taxpayers
- Practice aids, including all the numbers applicable for the current year - inflation-adjusted amounts, mileage rates, retirement contributions, and more
- Other late-breaking tax law changes
