Finding Tax Breaks for Clients (Currently Unavailable)

This course covers the gig economy, Schedule C tips and traps, alimony updates, employer amnesty, and more. Learn how to how to implement tax breaks that impact the Federal 1040 return.

This course addresses the truths, myths and ‘red flags’ related to home office under the Tax Cuts and Jobs Act (TCJA). You’ll learn how to help your clients maximize their deduction; when to use the Simplified Option – and when not to use it; how to protect the deduction for the long term; and when it’s important to fight for it, even if the deduction is small – and when not to use it at all. And why it’s a valuable deduction even for a business that has losses for years.

This course will cover recent developments from the IRS, the courts, and other authorities. Individual and business tax updates will be covered as well as developments affecting retirement plans and IRAs. In addition, the course reviews key filing dates and other reminders not to be overlooked at this time of the year.

More than ever, this year promises to be one with lots of questions from your clients. What crucial new guidance has been issued under the Tax Cuts and Jobs Act (TCJA)?

This self-study CPE Course provides you with an overview of the rules for claiming personal tax credit and highlights planning tips to help you in your practice. The focus of this course is on tax credits for individuals. Credits are more valuable than deductions because they reduce tax liability on a dollar-for-dollar basis. This course will provide an overview of the array of individual credits and the limitations that apply for each of these credits. It will also review the due diligence requirements for paid preparers.