Federal Income Tax Changes 2020

  • Credits: 6
  • Format: Self-Study eBook
  • Field of Study: Federal Tax Update
  • Author/ Speaker: Paul J. Winn, CLU, ChFC

Course ID: Advanced Preparation: Experience Level:
EWTFM-U-01534-20-S None Overview
Published Date: Program Prerequisites: Other Course Formats:
© Jan 2020 Basic Understanding of Taxes eBook | Self-Study

COURSE DESCRIPTION

Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes that took effect as a result of the passage of the Tax Cuts and Jobs Act of 2017 (TCJA) and the inflation-changed limits effective for 2020 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes.

Who Should Attend:

  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

Qualifies and approved with all state boards of accountancy and the following sponsorships:

NASBA
IRS
CTEC