Individual Income Tax Return Mistakes and How to Fix Them Webcast

Nov 1
8:00 - 11:30 a.m.

Online

2-Tax; 2-Tax
CPE Credits

Address 25 real-life situations in which a taxpayer has pushed legal boundaries to save on taxes. Avoid mistakes in the preparation of Form 1040, and maintain adherence to professional standards of practice.
Highlights

Individual income tax cases regarding income, adjustments, itemized deductions, and dependency
The IRS Future State Initiative
When gifts can be taxable
Why are manhole covers round?
Two case studies: one that results in ordinary tax treatment, the other capital treatment
When a rollover is not a rollover, the Claim of Right Doctrine
What are the risks with nontraditional IRA investments
Alimony issues
The limits on 401(k) loans
Form 8938 for reporting foreign financial assets and updated rules
Trouble resulting from not filing a FinCEN Form 114
The future of Social Security

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 713801

Level: Intermediate

Prerequisites: Basic knowledge of individual income taxation

Notes

This is a four-credit seminar.

Accepted for IRS credits.

Speaker(s)

Dennis Riley

Cutting Edge CPA

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