2021 Year-End Federal Tax Update Webcast

Dec 22
9:00 - 12:50 p.m.

Online

2-Tax; 2-Tax
CPE Credits

Review recent legislation and the American Families Plan. Discuss developments in partnership taxation, including partnership reporting and the new Form 1065 and Schedule K-1. Understand the impact of the American Rescue Plan Act on individual taxation for tax year 2021 and the filing season in 2022 (including the advance payments of the child tax credit). Review recent global developments in taxation, with a particular focus on Pillar One and Pillar Two of the Inclusive Framework adopted by the OECD and G20 with respect to taxation without physical presence and a global minimum tax and implications for U.S. legislation and federal tax planning.

Highlights

Understand new developments in taxation contained in proposed and/or passed legislation, including the infrastructure bill and the reconciliation bill (American Families Plan).
Analyze partnership transactions to properly complete the new Form 1065 and Schedule K-1.
Describe the implications of tax changes contained in the American
Rescue Plan Act for tax compliance during the 2022 tax filing season.
Understand recent developments in global taxation and the impact U.S. international taxation.