2024 Federal Tax Update and Review Course | View Only Course

• CE IS NOT AVAILABLE FOR A VIEW ONLY COURSE.

• ONCE THE COURSE IS PURCHASED, REFUNDS ARE NOT AVAILABLE.

• VIEW ONLY COURSES MAY BE WATCHED 24/7 UNTIL THE COURSE IS EXPIRED

The Annual Fall Update and Review Course covers the changes taking place that are needed for the preparation of 2024 Federal Income tax returns and beyond. The session will review any important new provisions and changes enacted by Congress during 2024, as well as IRS administrative actions. In addition, it will cover the provisions that took effect in 2023 as a result of the Inflation Reduction Act of 2022 and will specifically address the home energy provisions under §25C and §25D reportable on IRS Form 5695.

• In addition, the course will address the IRS rulings on §30D, and §25E for new and used clean electric vehicles and the limitations based on modified AGI.
• The course will also address all the provisions which are annually indexed to inflation and subject to phase-out-based on the taxpayer’s AGI and modified AGI, and filing status.
• The course will address IRS Notices, Revenue Procedures, Revenue Rulings and Regulations applicable to the small firm’s practice.
• The course will also address the current reporting requirements for issues surrounding the changes made for reporting on Form 1099-K, as well as the new issues concerning broker reporting of
• cryptocurrencies.
• The course will review any applicable Tax Court rulings that impact individual and small business taxpayers.
• Draft 2024 forms will be reviewed.