Live Stream: Getting Ready for Busy Season: A Guide to New Forms, Filing Issues, and Other Critical Developments

347  |  Partner Virtual Events  |  Intermediate  |  Scheduled

Description

Getting ready for busy season involves not only knowing the new tax rules for the current year, but also understanding how the new rules apply to current-year returns. This course provides an up-to-date review of important tax form changes, new tax forms, key developments as they are reflected in the IRS forms, and IRS filing issues and deadlines that will be invaluable to attendees who prepare tax returns for individuals, partnerships, and LLCs. This course has been updated for impacts of the PATH Act of 2015.

Credits

Number of Credits Type of Credits
6.75 CLE
8 Tax

Prerequisites

Basic familiarity with tax rules relating to individual and pass-through entity taxation for the current tax year

Highlights

  • A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including latest IRS guidance on significant recent tax legislation
  • Hot, hidden, or miscellaneous developments affecting the upcoming tax season
  • What's new in depreciation means -- what does NOT show up on depreciation schedules any longer!
  • How the Affordable Care Act affects tax returns
  • Form 8960 Net Investment Income Tax - Methods to attempt to mitigate
  • The latest guidance on child credits, education credits, education incentives, and net capital gain and qualified dividend income rate reductions
  • Examination of troublesome areas and new stumbling blocks in preparing Form 1040, including a new look at passive activities in combination with NII
  • Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season
  • Key new tax and practice developments and how they impact the current-year tax forms for individuals
  • New rules for representing clients beginning in 2016

Objectives

  • Identify new income tax returns and schedules for individual and pass-through entity clients
  • Understand which income tax returns and schedules have changed for individual and pass-through entities
  • Identify the legislative, administrative, and judicial developments that affect the income tax returns and schedules of individuals and pass-through entities

Preparation

Download course material prior to event.

Prices

Member (Early Bird)
$295.00
Non-Member (Early Bird)
$395.00
Member
$295.00
Non-Member
$395.00
Your Price: $395.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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$25.00

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Facilitators

John Evanich, CPA

John L. Evanich, Jr., CPA, is a tax partner at Haggett Longobardi, a regional CPA firm located in Glastonbury, Connecticut. With over 35 years of experience in public accounting, John is a past president of the Connecticut Society of CPAs (CSCPA), a past member of their Board of Governors, and a former trustee of their Educational Trust Fund. He is also a former member of AICPA Council.

Mr. Evanich has lectured and written extensively on tax issues, both locally and nationally. He is a member of the American Institute of CPAs. He has also served as chairman of many CSCPA committees, most notably the Federal Taxation, State Taxation, Public Relations, and Technical Consultation Services committees. John has also testified on tax matters of concern to middle- and upper-income taxpayers, as well as small businesses, before the Ways and Means Committee of the U.S. House of Representatives, as well as various Connecticut state legislative committees.

Mr. Evanich received a bachelor’s degree in accounting from the University of Bridgeport, Connecticut, and completed all course work in the Master’s in Taxation program at Pace University in New York City.

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