CPAxPACK: Unlock Power BI with Comprehensive Data Analysis

After attending this presentation, you will be able to...

• Identify how the federal income tax differs from other types of federal taxes

• Determine the steps in computing a taxpayer's federal income tax liability

• Recognize variations in income recognition.

• Recognize deductible expenses between GAAP and IRC affect reported profitability and tax liabilities.

• Identify guidance that IRS auditors use when examining tax returns

• Distinguish industry-specific nuances for an auditor’s perspective

• Identify taxation nuances that are important but difficult for non-tax professionals to understand.

• Apply techniques for educating clients regarding taxation.

• Recognize specific ways to leverage AI technology in your 1040 tax preparation serves.

• Identify specific AI tools that can be leveraged to automate and enhance 1040 tax preparation services.

• Implement practical strategies based on a thorough understanding of the complex rules for retirement distributions

• Identify and recall key compliance issues

   

The major topics that will be covered in this course include:

• Current individual tax issues.
• Current business entity tax issues.
• Any current tax legislation occurring during the period.
• Other issues affecting the profession, including IRS procedure, current cases, payroll, and other federal tax issues.