Federal and California Tax Update for Individuals | Titans of Tax Tour

Thursday, January 13, 2022
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) 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
$289.00 Regular Price
Non-Members
$389.00 Regular Price
Course Type: Webcast
Course Code: 21/22598638
Level: Update
Vendor: California CPA Education Foundation
Field of Study: Taxes

Overview:

This in-depth analysis of the year's important changes in Federal and California tax law explains new legislation and IRS and FTB guidance. Key developments from the IRS, FTB and courts are covered, along with compliance and planning lessons learned from these rulings. Due diligence considerations relevant to all new law is addressed to prepare for tax season. A tax outlook post-election is also included. Course materials summarize important developments. The eBook provides links to the full text of source documents discussed during the program. Materials include a table of all guidance issued under the TCJA, with links to Federal regulations and rulings. Note: This is the companion course to Federal and California Tax Update for Businesses and Estates.

Objectives:

Identify new federal and California tax legislation affecting individuals. Describe the year's significant federal and California law change from the legislature, IRS, FTB and the courts. Identify new due diligence areas relevant to individual income tax matters. Learn how new tax rules affect tax planning and compliance.

Major Topics:

2021 legislation from Congress and California, including COVID-19 law changes Income inclusions, exclusions and deductions, including Section 199A developments. Property transaction updates including for virtual currency. Passive activities, hobby and other losses California major developments for individuals Filing status, credits and retirement plan developments Expiring provisions. Tax practice and procedures presented by the Hockham Salkin Toscher Perez law firm Due diligence reminders

Major Topics:

2021 legislation from Congress and California, including COVID-19 law changes Income inclusions, exclusions and deductions, including Section 199A developments. Property transaction updates including for virtual currency. Passive activities, hobby and other losses California major developments for individuals Filing status, credits and retirement plan developments Expiring provisions. Tax practice and procedures presented by the Hockham Salkin Toscher Perez law firm Due diligence reminders

Designed For:

CPAs, attorneys and tax practitioners.

Prerequisties:

General knowledge in taxation.