This video-based course, featuring Sidney Kess and an expert panel, reviews major developments affecting 1040 return preparation for 2013 and useful tax-planning strategies.
This course reinforces frequently-used principles and provides you with the latest tax development information you need to properly plan and prepare your clients' federal income tax returns.
Highlights for 2013 Edition include:
The Affordable Health Care Act: impact on 2013 and 2014 individual returns
American Taxpayer Relief Act of 2012: impact on individual taxpayers for 2013
2013 hottest tax planning tips
Converting traditional IRAs to Roth IRAs
Expiring provisions and their impact on 2012 3 returns
Bonus depreciation changes including Section 179 expensing and bonus depreciation
Long-term care medical expenses
Working with the qualified mortgage interest rules
Evolving passive activity rules
Planning strategies for the alternative minimum tax
Revised Form 1099-B for basis reporting
Sale of a personal residence
Schedule C developments, including hobby law cases
Tax tips to minimize the new investment tax for 2013
Tax tips to increase financial planning opportunities
Kiddie tax rules
Determine what to do in 2013 to create tax savings for clients before year-end
How to reduce audit risk
Passive activity losses
Net operating losses
Types of stock options and taxes
Tax-free employee benefits
Planning for social security
Education savings vehicles
Impact of the recent Supreme Court Windsor Decision on taxation of same-sex couples
Return of the phase-out of exemptions and itemized deductions
New Medicare taxes effective in 2013
Safe harbor deduction for home offices
Prerequisite: Knowledge of individual income taxation and Form 1040 preparation
Advanced Preparation: None
PFS Holders/PFP Section Members Save – 20%
When you log into this website with your AICPA member user account, the section discount will be automatically applied during checkout. Should you have any questions or encounter any difficulties, please contact the AICPA Service Center at 888-777-7077 or firstname.lastname@example.org.
Tax Section Members Save – 20%
When you log into this website with your AICPA member user account, the section discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or email@example.com.
In this 211 minute video, Sidney Kess, CPA, J.D., LL.M, interviews Vernon Hoven, CPA, EA, MST, CSP; Ira Z. Kevelson, CPA, JD, LL.M; Stephen J. Krass, Esq, LL.B, LL.M; Sharon Kreider, CPA, EA; Joseph W. Walloch, CPA, CGMA, MBA, MBT; Julie A. Welch, CPA, PFS, CFP; and Christopher Williams, CPA.