2020 Easy Federal Tax Update & Inflation Adjustments with CARES Act Summary (6 hrs)

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Course Description

2020 Easy Federal Tax Update with CARES Act Summary

This federal tax update course examines key individual, business, retirement, and estate tax provisions recently enacted or indexed for inflation in an overview format that is easy to reference. The emphasis is on quick access to major tax changes having special meaning to the tax practitioner and return preparer. The course is a great resource and way for professionals and staff alike to easily get the “big chunks” and bring their professional knowledge up to speed.  Also includes Coronavirus Supplement: CARES Act Summary.

Major Topics:
* Tax brackets
* Tax credits
* Deductions
* Education credits
* Business deductions and credits
* Retirement plan contribution and phaseout limits
* Gift and estate taxes
* CARES Act Summary

Course Information

Price: $77
This course is included in our Mega CPE Special and our Unlimited Tax Bundle

Course No. M148
Format: Online pdf (161 pages). Printed book available.
Instructional Delivery Method: QAS Self-Study
Prerequisites: None
Advance Preparation:None
Level: Overview
CPE Credit: 6 hrs.
Field of Study: Taxes
Course expiration:  You have one year from date of purchase to complete the course.
Course Revision Date: March 2020


Upon completion of this federal tax update course participants should be able to:
  1. Recognize the various issues affected by inflation and recent tax law developments especially as they relate to individual tax brackets, exemptions & deductions, the AMT, the child tax credit, alimony, HSAs, education plans, and energy credits.
  2. Determine the key business tax issues affected by inflation adjustments and recent legislative changes, including corporate tax rates, entertainment expenses, tax credits & deductions, bonus depreciation, expensing, standard mileage rates, employment taxation, repatriation of foreign income, small business stock, partnership taxation and excessive compensation.
  3. Specify differences between various retirement plans, including inflation-adjusted contribution limits and phaseout limits, and determine estate taxes by identifying trust income tax rates and determining applicable exclusion amounts.

Ratings and Reviews

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What's your experience? We'd love to know!
Todd Costigan
Posted 1 month ago
Good course for the start of season

Recommended Excellent refresher @ the right level. Easy to follow, learn more and work through.

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