American Recovery and Reinvestment Act of 2009 – How it Affects Your Clients

This webcast explains the numerous tax provisions included in the 2009 economic stimulus legislation – the American Recovery and Reinvestment Act of 2009 (PL 111-005; 2/17/09). Tax advisers need to be familiar with the provisions, who benefits, how they apply and what actions need to be taken to be sure clients and employers benefit from these temporary measures designed to reduce tax liabilities. The tax provisions affect individuals and businesses of all sizes.

Who Should Attend
Tax advisers serving any type of tax client as well as tax department personnel in industry will benefit from understanding the provisions of the 2009 recovery act.

Topics Covered

• Tax relief provisions for individuals and families
• Energy incentives
• Business tax incentives
• Special tax financing provisions
• Infrastructure financing provisions and related AMT change
• Special in lieu grant programs

Learning Objectives

• Understand the theory behind the stimulus legislation and its intended goals
• Understand the nature of the tax provisions and the details of several key ones
• Be aware of additional guidance in understanding and applying the new rules
• Understand how the provisions tie to other legislative proposals

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None