With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues. This comprehensive online webinar will review the current Federal individual income tax laws and update tax return preparers with new tax forms, changes to existing tax forms, and tax planning opportunities and pitfalls.

This course is a comprehensive review of the Federal individual income tax provisions and tax forms/schedules that will affect the 2023 tax returns and 2024 tax projections, with an emphasis on newly enacted income tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real-world examples, new Federal income tax forms and schedules, and Pat Garverick’s Quick Reference Chart.

This Online Annual Federal Tax Update webinar covers the following key topics:

• SECURE, CARES, and TCJA Updates
• 2024 Tax Provisions Overview 
• Form 1040 and Related Changes 
• Income, Deductions, and Tax Credits 
• Wagering Losses Clarification 
• Employer Meal Deduction Restrictions.

Learning Objectives:-

• Recognize major Federal income tax laws impacting individual taxpayers. 
• Identify and understand newly enacted legislation affecting individual tax returns. 
• Review recent changes and IRS guidance for individual tax compliance. 
• Analyze the effects of updated tax laws on individual income filings. 
• Discuss SECURE Act changes impacting Required Minimum Distributions (RMD) rules. 
• Explore tax implications of employer-provided meals under §274(o).

Who Should Attend?

• Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Tax Preparers
• Tax Advisors
• Financial Planners.