Intermediate Individual Taxation - Tax Staff Essentials
Tax tips and tax strategies to help guide your new and existing individual clients.
Format
Webcast
Date
May 18, 2026
NASBA Field of Study
Taxes
Level
Intermediate
CPE Credits
8
Instructor
Deborah A. Phillips
Availability
Product Number
VTSEIIT260518
Modern tax strategies for individual clients
H.R. 1, commonly referred to as OBBBA, has reshaped the individual tax landscape, and a cascade of guidance has made it challenging to keep track of the opportunities for individuals to save on their taxes. Materials explain the latest tax law changes and the individual and business planning opportunities they provide.
You'll gather a wealth of tax-planning tips and strategies and learn about key tax return issues, so you have the latest guidance to serve your clients better.
In this course, you'll explore the effects of the latest tax legislative, regulatory, and court actions, including:
- H.R. 1
- SECURE Acts (1.0 and 2.0)
- Inflation Reduction Act of 2022
- U.S. Tax Court rulings
- IRS guidance on the hottest tax topics affecting individual taxpayers
Part of Tax Staff Essentials Level 2
This self-study online course is part of Tax Staff Essentials Level 2, a comprehensive learning program that provides experienced staff with the advanced technical training required to work with their most sophisticated clients.
Key Topics
- Gains and losses on property transactions
- Fringe benefits
- Retirement plan distributions
- Hobby losses
- Home offices
- Depreciation and amortization
- Qualified business income under Section 199A
- Passive activities
- Business transactions
Learning Outcomes
- Determine whether an activity is passive or active.
- Determine the allowable deductions for vacation homes.
- Determine the proper accounting method allowed for a business entity.
- Determine the amounts allowable for deducting travel and transportation expenses.
- Identify income categories and entity types that qualify for the qualified business income (QBI) deduction.
- Identify the rules for amortizing and expensing startup costs, intangible assets, and research and experimentation (R&E) expenditures.
- Identify property transaction provisions that apply to installment sales, inherited property, and other capital assets.
Who Will Benefit
- CPAs working with clients or employers requiring up-to-date expertise in individual income taxation
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
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