AICPA's Annual Federal Tax Update (2012 Edition)

Save time and keep current on the latest tax developments! Based on the popular "key issue" approach designed by national experts, this comprehensive course covers all legislative, judicial and IRS developments of the past year with a focus on implementation and compliance.

Discover how to effectively and confidently complete tax planning and compliance engagements. This update covers current developments affecting individuals (including those regarding income, deductions and losses, tax calculations, individual credits, filing matters); business entities (including those regarding S Corporations and their shareholders, C Corporations, partnerships); estates and trusts, retirement plans and more.

Objectives:

• Identify planning strategies and compliance actions resulting from the latest changes to federal tax statutes, regulations, cases and rulings
• Identify tax issues and planning points as a result of the 2010 and 2011 cases and rulings

Prerequisite: Familiarity with federal tax issues for various entities

Advanced Preparation: None