The Tax Increase Prevention Act of 2014 survived 12 days before its sunset; what does 2015 hold? Both businesses and individual clients will be affected by all of the tax changes that require the tax advisor to engage in extensive tax planning. Not only will you be updated on the most important tax issues that require your attention, but this course will also review the major trends and changes in the case and regulatory law. Included is full coverage of all tax changes with a view toward planning.

Major Topics:

  • New proposals on tax law changes, has the era of omnibus extender legislation come to an end?
  • Review of IRS Priority projects to help you plan for the future tax landscape
  • The tax on net investment income: planning to avoid the pitfalls
  • Advanced practitioner issues
  • Health care reform: how employers report and where individuals stand in 2015
  • Review of pertinent cases and rulings regarding exclusions, character issues, retirement plans, travel and other items affecting your individual taxpayers
  • Practice aids, including all the numbers applicable for 2015 - inflation-adjusted amounts, mileage rates, retirement contributions, and more
  • Recent developments with business entities, including C corporations, S corporations, partnerships, and limited liability companies
  • The latest issues related to passive activities, substantiation and other late-breaking tax law changes

Learning Objectives:

  • Understand strategies and techniques for individuals to use in light of tax changes
  • Understand how the net investment income tax applies, and strategies and techniques that can mitigate it
  • Understand current cases and rulings affecting individuals and businesses

Designed For: CPAs who need to know the latest tax law changes in all areas of practice
Level of Knowledge: Update
Prerequisite: Experience with individual and business clients
Advanced Preparation: None
Credits: 8
Field of Study: Taxes(8)
CFP Credit: Yes

Live Seminar Course Schedule