October 30, 2020 8:00am – 4:00pm Map & Directions 800-528-0293

Don Farmer's Tax Update

Description

Tax-industry giant Don Farmer will review current year developments and planning ideas affecting individual, corporate and business income taxation using a combination of humor and examples. Join Farmer and your peers and review major developments in federal income taxation for individuals, corporations and other businesses having the greatest impact on participants, clients and companies. 

The course will emphasize 2020 developments including recent developments and planning ideas regarding the Secure Act, the Taxpayer First Act, the Tax Cuts and Jobs Act (TCJA) and any 2020 legislation. Take home a 200+ page reference manual to use throughout the tax planning season. Get updated on 2020 tax developments with practical solutions to problems and tax planning opportunities.


The course format is designed to update CPAs with various levels of experience.


Register on-line or by phone at 602-252-4144.

Location

The Scottsdale Resort at McCormick Ranch
7700 E McCormick Pkwy
Scottsdale, AZ 85258-3431

Registration Time

7:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Phoenix
Taxation
8

Objectives

Thank you to our sponsors:

Paychex

Jewish Tuition Organization

CPA Charge

Arizona Community Foundation

Sponsorship opportunities are available. For details, contact Heidi Frei, MBA, ABC, Director of Marketing at (602) 324-4743 or at hfrei@ascpa.com

Course Level

Update

Vendor

Don Farmer CPA PA More With This Vendor

Designed For

Individuals having one or more Tax Seasons and a general understanding of individual, corporate and business income taxation who are involved in the preparation and/or review of individual, corporate and business income tax returns or who provide tax planning advice to individuals and businesses.

Prerequisites

None

Highlights

The seminar includes: 
1) A review of the latest developments and guidance for important TCJA provisions, such as the: 20% ?199A deduction; 100% ?168(k) depreciation deduction; final 2020 §163(j) regulations limiting the business interest expense deduction; accounting method changes for small businesses; individual excess loss provisions; final Qualified Opportunity Fund regulations and more
2) Review of SECURE Act provisions first effective in 2020, including new contribution and distribution rules for IRAs and qualified plans
3) Releases regarding the Taxpayer First Act
4) A review of any other significant 2020 tax legislation
5) Proposed regulations for determining when contributions to charitable organizations are deductible as trade or business expenses 
6) New tax cases, rulings, and regulations expected to have the most significant impact on individuals and businesses. The presentation will emphasize tax planning opportunities resulting from these recent developments. 

The course material also includes: 
• A checklist of developments first effective in 2020,  
• A checklist of expiring and/or recently expired tax provisions,
• Selected new or modified Federal tax forms for 2020, and 
• Practical planning ideas for businesses and individuals.

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