Reviewing Individual Tax Returns - Nebraska Society of CPAs

Overview

The volume of individ

The volume of individual tax returns requiring preparation can create an environment that leads to errors or omissions. Identify common errors practitioners make on individual tax returns for single filers.

Course Instructor: William Harden

Highlights

Passive-activity losses

Qualified business income deduction

Home office

Schedule C activity and hobby losses

Business start-ups and deductions

Alimony

Discharge of debt

Prerequisites

Experience with individual tax return preparation

Designed For

CPAs working with clients requiring up-to-date expertise in individual income taxation for the current tax season

Objectives

Identify potential errors or omissions of information on tax returns.
Recognize planning opportunities for your clients based upon information reported on a tax return.
Determine the proper tax treatment for certain rental property activities.
Determine the proper tax treatment for various start-up costs by a new business.

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 AICPA (do_not_reply@on24event.com). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.