2024 Year-End Tax Planning: Thinking Outside the Box

Overview

Tax planning is more than an estimated tax calculation, it's a process.  Where are we now and what can we change?  This timely program will highlight significant 2022-23 tax developments and discuss key tax planning ideas for your clients as you prepare for the upcoming tax season. Don’t wait until late December to start planning for your clients!

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• Discuss the most recent tax legislation, rulings and developments
• Section 163(j) interest expense deduction
• New 21% corporate tax rate
• Medicare tax on high income wages and SE income
• Tax provision and extensions
• Timing income and deductions
• Alternative minimum tax (AMT) issues

Prerequisites

Basic working knowledge of the tax return preparation

Designed For

Practitioners and members in industry seeking a general business and individual tax update or wishing to review key tax topics for planning and preparing client returns

Objectives

• Identify the "hot issues" facing tax practitioners in planning for client returns
• Apply key concepts to special client situations
• Identify recent legislation and developments

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.