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Reviewing Individual Tax Returns: What Are You Missing?

Reviewing Individual Tax Returns: What Are You Missing?

Sharpen your skills on the information that may be warranted from the client and areas of tax law where proper treatment requires additional analysis and information.

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Included in Webcast Pass



NASBA Field of Study




CPE Credits



David Randall Peters


3 months

Product Number


 Business & partner 
Product Details

Common errors on tax return forms

The volume of Internal Revenue Code provisions affecting individual taxpayers presents a considerable challenge for CPAs and tax professionals. The likelihood of human error is increased due to the potential for making mistakes when using income tax software.

The webcast follows an illustrative case study format and will dive into multiple issues, including:

  • Passthrough K-1s
  • Home offices
  • Hobby losses
  • Rental property
  • Hiring spouses
  • Depreciation
  • §179
  • Amortization

Learn the common errors practitioners make on individual tax returns that are often missed by staff who review the final tax return forms.

Key Topics

Common errors made involving the following tax forms:

  • Form 1040
  • Schedule A
  • Schedule B
  • Schedule C
  • Schedule D
  • Schedule E
  • Form 4562
  • Form 4797

Learning Outcomes

  • Analyze common mistakes made on individual tax returns
  • Determine strategies to avoid making mistakes on individual tax returns

Who Will Benefit

  • CPAs working with clients requiring up-to-date expertise in individual income taxation for the current tax season
More Details
NASBA Field of Study
Basic knowledge of individual income taxation
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Do you have an AICPA membership? Log in to apply your member discount.

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2 to 5 registrants

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6+ registrants

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Contact us
David Randall Peters
David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fifteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Kaplan, and Surgent, and was a recipient of Surgent’s Outstanding Discussion Leader award for 2019. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He is the advisor for Business & Industry topics for the SC Association of CPA’s and was a recipient of The American College’s 2019 NextGen Financial Services Professional Award. He holds four Masters degrees, including a Masters of Science in Taxation from the University of Illinois. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.

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