Don Farmer's 2022 Individual Income Tax Workshop

Tuesday, December 13, 2022
8:00 AM - 4:00 PM (opens at 7:30 AM) EST
8Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$275.00 Regular Price
Non-Members
$400.00 Regular Price
Course Type: CPE Seminars
Course Code: 22/3-202WS
Level: Update
Vendor: Virginia Society of CPAs
Field of Study: Taxes

Overview:

Review current year developments, recurring problems and planning ideas. Using a combination of humor and examples, focus on tax developments that affect 2022 individual income tax planning and return preparation.


Delivery Method: Group-live
CPE Credit: Taxes
Program Level: Update

Objectives:

This course is designed to:

  • Provide explanations and planning ideas relating to the latest 2022 individual income tax developments, including the most recent guidance on new tax law provisions
  • Help practitioners prepare for "tax season"
  • Review and update various tax law provisions and planning ideas affecting individuals

 

Presenters:

  • David Peters

    David R. Peters, CPA, CFP, CPCU, MST, MBADavid Peters is the Founder and Owner of David Peters Financial Group and Peters Tax Preparation & Consulting, PC. David has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for...

    Read more about David Peters here

Presenters:

David Peters

David R. Peters, CPA, CFP, CPCU, MST, MBADavid Peters is the Founder and Owner of David Peters Financial Group and Peters Tax Preparation & Consulting, PC. David has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for...Read more about David Peters here

Major Topics:

The materials include a review of individual income taxation including:

  • The child tax credit, dependent care credit, premium tax credit and earned income credit
  • Tax-free forgiveness of student loans
  • Charitable contribution deductions
  • The Kiddie Tax
  • Taxation of damage awards
  • Tax benefits for education including the American Opportunity Tax Credit
  • Capital gains and losses
  • §1031 exchanges
  • Qualified opportunity funds
  • Gain exclusion upon sale of principal residence
  • Individual retirement accounts
  • Interest deductions, including home mortgage interest deduction
  • Medical expenses
  • Deduction for state and local taxes
  • Home office deductions
  • Hobby losses
  • 20% §199A deduction
  • The passive activity limitations

Significant 2022 developments including:

  • Any new 2022 legislation
  • New regulations, court cases, rulings and other non-legislative developments such as new regulations modifying the required minimum distribution (RMD) rules for 2022, new life expectancy tables for determining 2022 RMDs, IRS ruling explaining when vacation home rentals are subject to S/E tax, new cases determining FBAR penalty calculations, new pro-taxpayer hobby loss case
  • Much more

Major Topics:

The materials include a review of individual income taxation including:

  • The child tax credit, dependent care credit, premium tax credit and earned income credit
  • Tax-free forgiveness of student loans
  • Charitable contribution deductions
  • The Kiddie Tax
  • Taxation of damage awards
  • Tax benefits for education including the American Opportunity Tax Credit
  • Capital gains and losses
  • §1031 exchanges
  • Qualified opportunity funds
  • Gain exclusion upon sale of principal residence
  • Individual retirement accounts
  • Interest deductions, including home mortgage interest deduction
  • Medical expenses
  • Deduction for state and local taxes
  • Home office deductions
  • Hobby losses
  • 20% §199A deduction
  • The passive activity limitations

Significant 2022 developments including:

  • Any new 2022 legislation
  • New regulations, court cases, rulings and other non-legislative developments such as new regulations modifying the required minimum distribution (RMD) rules for 2022, new life expectancy tables for determining 2022 RMDs, IRS ruling explaining when vacation home rentals are subject to S/E tax, new cases determining FBAR penalty calculations, new pro-taxpayer hobby loss case
  • Much more

Designed For:

Individuals who prepare individual income tax returns or who engage in individual income tax planning

Prerequisties:

At least one tax season

Accommodations:

Delivery Method - Group Live
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org