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Top Individual Tax Planning Strategies (ITPS)

Choose CPE Format:

Live Webinar SELECT STARTING AT $99 (8 dates)

Credits: 2

Qualifies For: IRS CPE CTEC

Instructor(s): Mike Tucker, Ph.D., LL.M., J.D., CPA, Edward Renn, Esq.

$99

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Self-Study SELECT STARTING AT $89 (On Demand)

On-Demand Webcast

Credits: 2

Qualifies For: IRS CPE CTEC

$89
The topic was presented in a straight forward and organized manner.
Pamela

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Top Individual Tax Planning Strategies (ITPS)

  • Customer Rating
    (19)
  • Field of Study
    Taxes
  • Level
    Basic
  • Credits
    2
  • Qualifies for

    IRS CPE CTEC

Overview

The Inflation Reduction Act (IRA) and SECURE Act 2.0 both contained tax law changes that impact many individuals in 2024 and in later years. This program covers many of these changes as well as other tax topics that continue to impact individual income taxpayers.

Major Topics:

  • New Clean Vehicles (CV) and the Clean Vehicle Credit
  • What the CV seller must provide to the buyer
  • Credit for previously owned CVs
  • Energy efficient home improvement credit
  • Increase in age for required beginning date for RMDs
  • Reduction in excise tax on RMD failures
  • Indexing IRA catch-up limit
  • Higher catch-up limit to apply at age 60, 61, 62 and 63
  • Withdrawals for certain emergency expenses
  • Qualifying longevity annuity contracts (QLACs)
  • One-time election for qualified charitable distribution (QCD) to split-interest entity; increase in QCD limitation

Learning Objectives

  • Advise individual clients on tax changes and opportunities in 2024 and after

Designed for:

Tax practitioners who anticipate advising individual clients regarding tax planning opportunities for 2024 and later

Prerequisite:

A basic understanding of the tax rules relating to individual income tax

Advanced Preparation:

None

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
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