November 10, 2020 12:30pm – 4:00pm Map & Directions 602-252-4144

Webcast: Reviewing Individual Tax Returns: What Are You Missing? (12:30-4)

Description

The sheer mass of Internal Revenue Code provisions affecting individual taxpayers presents a considerable challenge for CPA's and tax professionals. Combine that with the potential for input error when utilizing the array of income tax software available creates the potential for a multitude of errors that can occur on the final tax return forms.

Join us as we discuss the common errors practitioners make on individual tax returns that are often missed by review staff. The intent is to sharpen skills for reviewers by examining case studies and discussing issues where additional information from the client may be warranted and areas of tax law where proper treatment requires additional analysis and information. Multiple issues will be discussed including passthrough K-1s, home office issues, hobby losses, rental property, hiring spouses, depreciation, 179 issues, amortization and more!

This course follows a highly illustrative case study format to increase participant comprehension and retention.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

12:00pm

Fees

Member:
$160
Non-CPA Staff:
$210
Non-CPA Staff (100% club):
$160
Non-CPA Staff (sole proprietor):
$160
Non-Member:
$210
Webcast
Taxation
4

Objectives

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

Course Level

Intermediate

Vendor

AICPA More With This Vendor

Designed For

CPAs working with clients requiring up-to-date expertise in individual income taxation for the current tax season

Prerequisites

Basic knowledge of individual income taxation.

Event Leaders

Taylor, William F

Rating: 4.59


William (Bill) F. Taylor is president of Benefit Solutions, Ltd., a benefit consulting firm and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS, he has served as an adjunct assistant professor in the MBA program at the University of Mississippi. Taylor has worked in the employee benefit and investment fields for over 30 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS, office of KPMG Peat Marwick and managing his own firm since 1999.

A nationally known consultant and speaker, Taylor has conducted seminars for the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was the recipient of the James L. McCoy Excellence in Education award for 2015 and awarded the Outstanding Discussion Leader award for 2014 and 2016. Taylor is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.


More With Taylor, William F

Highlights

Common errors made involving the following tax forms:

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

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