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Surgent's Top Individual Tax Planning Strategies

Available Until

Self-study

2.00 Credits

Member Price $89.00

Non-Member Price $119.00

Overview

The Inflation Reduction Act (IRA) and SECURE Act 2.0 both contained tax law changes that impact many individuals in 2023 and in later years. This program covers many of these changes as well as other tax topics that continue to impact individual income taxpayers.

Highlights

  • Impact of higher interest rates on individual income taxpayers
  • Using a health savings account as a retirement account
  • Making use of net Section 1231 losses to offset ordinary income
  • When individuals can take casualty losses, including loss on a personal residence due to casualty
  • Avoiding or limiting gain on sale of a personal residence
  • Taking advantage of the mortgage interest deduction
  • Avoiding the individual alternative minimum tax
  • Business loss limitation provisions impacting individuals
  • Broker basis reporting of digital assets
  • New IRS guidance on transfer of clean vehicle credits
  • Residential clean energy credits

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Designed For

Tax practitioners who anticipate advising individual clients regarding tax planning opportunities for 2023 and later

Objectives

  • Advise individual clients on tax changes and opportunities in 2023 and after


Preparation

None

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education. The course expires one year from the purchase date. Format = on demand webcast to view with the course materials.

Non-Member Price $119.00

Member Price $89.00