Key Tax Issues for Individual Taxpayers

Overview

This course addresses the most recent legislative developments impacting individual taxpayers, with a focus on important provisions, rules and concepts to apply when preparing client returns. 

**Please Note: If you need credit reported to the IRS for this IRS-approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• "Tax-mageddon" – the all-important impending expiration/extension/renewal of the TCJA
• Recent legislative, judicial, and IRS developments impacting individual taxpayers
• 2025 Tax rates and inflation-adjusted figures
• Cryptocurrency reporting and new Form 1099-DA
• Form 1099-K and previously unreported income
• Other recent legislative developments impacting individual taxpayers

Prerequisites

Basic working knowledge of individual taxation

Designed For

CPAs in public practice and industry seeking an update on the latest tax developments affecting individual taxpayers

Objectives

• Identify and understand the latest developments, rules and regulations affecting individual taxpayers
• Define and discuss planning tools and potential pitfalls.
• Cryptocurrency reporting and new Form 1099-DA
• Form 1099-K and previously unreported income.
• Other recent legislative developments impacting individual taxpayers

Preparation

None