Surgent's Federal Tax Camp

Overview

You could pay $0 for this course!
This course qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% of the cost of training reimbursed. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks before the start date of the course to be eligible (By November 13th). The course code for this program is C-1758. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

This course qualifies for EA/IRS and CFP credit. If you need EA/IRS credit, please contact Tyler Dion (tdion@masscpas.org) after you have registered and provide him your PTIN number.

Tax practitioners have been hard-pressed to keep up with recent legislation and new IRS guidance. In this course, tax advisors will be fully updated on the most important legislative and regulatory developments of the season as well as major trends and changes in the case law, with a view toward planning considerations. This course is continually updated to reflect enacted legislation.

Highlights

• Comprehensive coverage of the Inflation Reduction Act of 2022 and the SECURE Act 2.0
• Timely coverage of breaking tax legislation
• Employee Retention Tax Credit updates
• Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income Tax
• Form 1099-K reporting requirements
• The Gig Economy – Tax implications, Independent Contractor vs. Employee Classification, and the 2024 DOL Final
• Rule
• State of the IRS
• New FinCEN reporting requirements under the Corporate Transparency Act in 2024
• Practice aids, including all the numbers applicable for the current year – inflation-adjusted amounts, mileage rates,
• retirement contributions, and more
• Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas 

Prerequisites

Experience with individual and business clients

Designed For

CPAs who need to know the latest tax law changes in all areas of practice, whether newly licensed or a seasoned professional

Objectives

Understand the latest tax law changes Understand strategies and techniques for individuals to use in light of tax changes Understand current cases and rulings affecting individuals and businesses