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Individual Tax Fundamentals
Tax
Webcast

Individual Tax Fundamentals

Understand how to respond to the needs of new and existing clients. Add value to your tax practice with tax-saving strategies for your individual clients.

$279 - $339
Do you have an AICPA membership? Log in to apply your member discount.

Format

Webcast

Date

Dec 14, 2021

NASBA Field of Study

Taxes

Level

Basic

CPE Credits

8

Author(s)

J. William Harden

Availability

3 months

Product Number

VTSEITFT21110

 Part of Webcast Pass
 Business & partner 
Product Details

Learn to decode the IRC’s complex set of provisions affecting individual taxpayers so you can provide your clients with the most current tax planning and tax-saving strategies for their tax plans.

Update your understanding of critical tax issues including the impact of the latest tax legislation and IRS guidance, including the American Rescue Plan Act of 2021, to gain a foundation in the federal tax arena for individuals.

Learn how to take advantage of present opportunities and prepare your clients for the future.

Key Topics

  • Filing requirements and personal exemptions
  • Gross income inclusions, exclusions, and adjustments
  • Travel and entertainment
  • Standard and itemized deductions
  • Tax credits
  • Tax phase-out provisions for high income taxpayers
  • 3.8% net investment income (NII) tax
  • Income exclusions
  • Hot tax planning strategies for individuals and small businesses
  • Roth IRA, IRA, and retirement plan options
  • Section 199A qualified business income deduction

Learning Outcomes

  • Identify the filing status and interpret the filing requirements for individual taxpayers.
  • Identify gross income inclusions and exclusions around dividends and interest.
  • Distinguish the taxability of deferred income, Social Security benefits, and other taxable income.
  • Select the specific rules for the deductibility of travel and entertainment expenses as they relate to business or rental transactions in preparing income tax returns.
  • Recognize education-related expenses and the rules for Health Savings Accounts.
  • Distinguish between standard and itemized deductions including medical expenses, interest, taxes, charitable contributions, theft losses, and miscellaneous deductions.
  • Select the necessary information required to include tax credits on an individual tax return.
  • Recognize when the Medicare payroll tax will affect an individual.
  • Identify the applicability of the Medicare tax on NII.

Who Will Benefit

  • CPAs working with clients or employers requiring up-to-date expertise in individual income taxation for the current tax season
Credit Info
CPE Credits
8
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
8 hrs
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
$339.00
AICPA Members
$279.00

Group ordering for your team

2 to 5 registrants

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6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Speakers
J. William Harden
Ph.D., CPA, ChFC
University of NC Greensboro / Greensboro, NC Bill is an Associate Professor in the Bryan School of Business and Economics at UNC Greensboro where he teaches tax courses on flow-through entities, individual and corporate tax, tax research, IRS practices and ethics. Bill has over twenty years of experience in taxation. He began his public accounting career in 1990 in the Dallas office of one of the Big Six accounting firms. In addition to his university teaching, Bill consults on tax and financial planning issues and maintains a sole practice in North Carolina, focusing on taxation and financial consulting for small businesses and individuals. Bill has testified before the House Ways and Means Oversight Sub-Committee on internet taxation issues. He was the recipient of a Lybrand Certificate of Merit in 2002. Bill has been involved in CPE instruction for over a decade. He was the author of the AICPA’s tax update courses from 2007 through 2012 and received AICPA instructor awards in 2011, 2012 and 2013. Bill also received NCACPA outstanding instructor awards in 2009, 2010 and 2011. Bill has authored over 30 publications in tax accounting and financial planning journals, including the Journal of Financial Service Professionals, Strategic Finance, National Tax Journal, Journal of Business Finance and Accounting, Tax Notes, Tax Advisor, Journal of the American Society of CLU and ChFC. Mr. Harden is currently a member of the American Accounting Association, the American Taxation Association, the National Tax Association, the AICPA, and the North Carolina Association of CPAs. He is a past board member of the Piedmont Chapter of the NCACPA.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Cancellation Policy
View our Cancellation policy here
Individual Tax Fundamentals
Dec 14, 2021
Select from the following options:
Dec 14, 2021
3:30pm11:30pm GMT
Nonmember Price
$339.00
Price excluding sales tax
$339.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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