Advanced Individual Taxation focuses on clearly explaining many of the more advanced topics commonly affecting the taxation of individuals. Topics covered include at-risk provisions, passive activity limitations, deferred compensation options, business carryovers and carrybacks, and more!
Discuss at-risk provisions.
Calculate passive activity limitations.
Calculate home office deductions.
Explain deferred compensation options.
Discuss fringe benefits.
Discuss self-employed retirement plans.
Explain bad debts and worthless securities.
Advanced Individual Taxation provides clear definitions and examples and explains the current status of many issues, including the relevant IRS Regulations and case law. Advanced Individual Taxation also guides the tax practitioner to the proper tax forms and to the timing of any necessary elections. This course is a valuable tool for today’s CPA!
Course prerequisite: Understanding of Basic Individual Tax Principles
Course level: Intermediate
Field of Study: Taxes
Course format: Text
Recommended CPE Credit: 20 hours