Intermediate Individual Taxation - Tax Staff Essentials
Available for 1 year after purchase date
**OnDemand**
15.0 Credits
Member Price $279.00
Non-Member Price $340.00
Overview
Tax tips and tax strategies to help guide your new and existing individual clients.
Highlights
Key Topics
- Gains and losses on property transactions
- Fringe benefits
- Retirement plan distributions
- Hobby losses
- Home offices
- Depreciation and amortization
- The qualified business income deduction under Section 199A
- Passive activities
- Business transactions
Prerequisites
Working knowledge of individual income taxation and Form 1040 preparation
Designed For
Who Will Benefit
CPAs working with clients or employers requiring up-to-date expertise in individual income taxation
Objectives
Learning Outcomes
- Determine whether an activity is passive or active.
- Determine the allowable deductions for vacation homes.
- Determine the proper accounting method allowed for a business entity.
- Determine the amounts allowable for deducting travel and transportation expenses.
- Identify income categories and entity types that qualify for the qualified business income (QBI) deduction.
- Identify the rules for amortizing and expensing start-up costs, intangible assets, and research and experimentation expenditures.
- Identify property transaction provisions that apply to installment sales, inherited property, and other capital assets.
Non-Member Price $340.00
Member Price $279.00