×

CPE Self-Study

Annual Tax Update: Individuals and Sole Proprietorships

  • $189.00-$239.00
    Annual Tax Update: Individuals and Sole Proprietorships Availability : In Stock Product #: 746530
    AICPA Member: $189.00
    Non-Member: $239.00
  • $139.00-$179.00
    Annual Tax Update: Individuals and Sole Proprietorships Availability : Online Access Product #: 164322
    AICPA Member: $139.00
    Non-Member: $179.00
  • Contact Sales
    Contact a representative for group pricing or on-site training opportunities. 800.634.6780 (Option 1) | Contact Us Product #: GT-TSUI

Get ready for the upcoming tax season! This comprehensive CPE course presents what's new and what has changed in the federal individual income tax arena, bringing you up-to-the-minute with guidance on the latest tax legislation, court decisions and IRS pronouncements. Gain practical insights and valuable tax-saving strategies from AICPA's seasoned tax professionals who know what the new laws, rules and court rulings can mean for real-world taxpayers. With the ever-changing tax laws and increased complexities, you can't afford to miss this course!

Learning Objectives

This course will prepare you to do the following:

  • Determine which recent guidance from the IRS concerning individual income could impact your practice.
  • Identify the recent cases concerning individual income that could affect your clients.
  • Recognize significant regulatory developments concerning individual deductions.
  • Determine which recent guidance from the IRS concerning individual deductions could impact your practice.
  • Identify the recent cases concerning individual deductions that could affect your clients.
  • Determine which recent guidance from the IRS concerning business activities could impact your practice.
  • Identify the recent cases concerning business activities that could affect your clients.
  • Recognize significant regulatory developments concerning pass-through entities and passive income.
  • Determine which recent guidance from the IRS concerning pass-through entities and passive income could impact your practice.
  • Identify the recent cases concerning pass-through entities and passive income that could affect your clients.
  • Recognize significant regulatory developments concerning individual gains, losses, and tax credits.
  • Determine which recent guidance from the IRS concerning individual gains, losses, and tax credits could impact your practice.
  • Identify the recent cases concerning individual gains, losses, and tax credits that could affect your clients.
  • Determine which recent guidance from the IRS concerning affect tax calculations could impact your practice.
  • Recognize significant regulatory developments concerning estates, gifts, and trusts.
  • Determine which recent guidance from the IRS concerning estates, gifts, and trusts could impact your practice.
  • Identify the recent cases concerning estates, gifts, and trusts that could affect your clients.
  • Determine which recent guidance from the IRS concerning depreciation and amortization could impact your practice.
  • Indicate any Congressional action or other recent legislative developments that affect compliance and practice issues.
  • Recognize significant regulatory developments concerning compliance and practice issues.
  • Determine which recent guidance from the IRS concerning compliance and practice issues could impact your practice.
  • Identify the recent cases concerning compliance and practice issues that could affect your clients.
  • Recognize significant regulatory developments concerning Affordable Care Act compliance.
  • Determine which recent guidance from the IRS concerning Affordable Care Act compliance could impact your practice.

Key Topics

  • Income
  • Deductions
  • Business Activities
  • Pass-through and Passive Activities
  • Individual Gains, Losses, and Tax Credits
  • Tax Calculations
  • Estates, Gifts, and Trusts
  • Depreciation and Amortization
  • Compliance
  • Affordable Care Act

Who Will Benefit?

  • Tax practitioners in public practice and industry that need to stay on top of the latest changes in federal tax law for individuals and sole proprietors

System Requirements

About the Authors

Charles Borek, Esq. MBA, CPA

Columbia, MD

Chuck Borek is a CPA and attorney with over 20 years of professional experience dealing with both business and nonprofit clients and has served in the capacity of officer and board member for several entities. He is also an award-winning speaker on a variety of accounting topics, having conducted over 300 live and web-based presentations across the country.

After serving for several years as a partner in a regional CPA firm in the Washington, DC area, Chuck founded The Borek Group, LLC, which develops professional education materials for both CPAs and lawyers. He concurrently acts as a consultant to the Columbia, Maryland firm of Davis, Agnor, Rapaport & Skalny, LLC.

In addition to his professional experience, Chuck has taught graduate students at American University and at the University of Baltimore and undergraduate students at Prince George's Community College in Maryland, where he held the position of Associate Professor of Accounting from 1998 to 2003. He is also a former Commissioner on the Howard County (Maryland) Pension Oversight Commission. Chuck has authored multiple books, articles, and professional publications for many organizations, including AICPA and BNA. He is currently working on several projects for a variety of publishers.

About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.