Description
- Qualifies for IRS CE
This event is part of ISCPA's 2024 Tax School, designed to provide a convenient, comprehensive education about tax fundamentals for early-career tax staff in a series of courses. This series, designed for the ever-changing and complex world of tax, features high-quality presentations and an interactive, colleague-to-colleague approach to ensure participants develop the skills to apply their knew knowledge in practical settings.
Designed For
Objectives
When you complete this course, you will be able to:
- Determine the filing requirements for individual taxpayers.
- Calculate the self-employed health insurance deduction.
- Identify the rules for Health Savings Accounts.
- Identify the applicability of the Additional Medicare Payroll Tax on net investment income.
This stand-alone event is also part of the 2024 ISCPA Tax School, which is designed to:
- Provide a comprehensive education about tax fundamentals for early-career tax staff in a series of courses.
- Ensure the newest members of the tax force are well-prepared to begin their careers and support their firms.
- Provide new staff with relevant technical and professional skills that focus on real-world issues and solutions.
Highlights
- Filing requirements and personal exemptions
- Gross income inclusions, exclusions, and adjustments
- Travel and entertainment
- Standard and itemized deductions
- Tax and tax credits
- 0.9% Additional Medicare Payroll Tax
- 3.8% Net Investment Income Tax
- Income exclusions
- Hot tax planning strategies for individuals and small businesses
- Roth IRA, IRA, and retirement plan options
Advanced Prep
- Manual
- If you did not purchase a printed manual, download it from your upcoming events in "My CPE" on website, and bring it with you
- If you did purchase a printed manual and would also like an electronic copy be sure to download it
- Review ISCPA Parking Map - found in your email confirmation
If you need this reported to the IRS for CE credit, email CPE@idcpa.org
Register Now
Leaders
William Taylor
William (Bill) F. Taylor, CPA is a professional speaker and a CPA with a small tax and consulting practice. Bill is also an Adjunct Assistant Professor in the Masters of Business Administration program at the University of Mississippi. He recently retired as President of Renasant Bank in Water Valley, MS.
Bill has worked in the Accounting, employee benefit and investment fields for over 25 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, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award multiple times and the James L. McCoy Discussion Leader of the Year Award from Surgent CPE . Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.