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Live Webcast Replay

Federal Tax Update – Individuals (Form 1040)


Total Credits: 8 including 8 Taxes - Technical

Average Rating:
   21
Categories:
ACPEN Industry Institute |  Tax |  ACPEN Tax Institute |  IRS Approved
Speaker:
J. Patrick Garverick, CPA, MT, CFP®
Course Levels:
Update
Duration:
8 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates


Description

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues with an emphasis of newly enacted income tax legislation. This comprehensive class will not only review the current Federal individual income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal individual income tax filing season.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

Basic Course Information

Learning Objectives
  • Understand the major Federal income tax laws impacting individuals
  • Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting individual income tax returns

Major Subjects
  • Discuss the most recent individual income tax legislation passed to date 
  • Review numerous individual income tax provisions related to business (i.e., sole proprietors and owners in pass through entities) including but not limited to the 20% qualified business income (QBI) deduction, §461(l) business loss limitations, §163(j) interest deduction limitations and depreciation.
  • Cover issues related and any changes to the various taxes (i.e., income tax rates, capital gain tax rates, self-employment tax and alternative minimum tax (AMT), 3.8% net investment income tax)
  • Brush up on other topics such as income filing status, personal exemptions, itemized deductions, exclusions from income, adjustments to income, rentals, passive activity rules and individual income tax credits (e.g., child tax credit and dependent care credit)
  • Walk through the NEW final required minimum distribution (RMD) regulations
  • Look at any changes to the Form 1040 and other related schedules and forms

Course Materials

Speaker

J. Patrick Garverick, CPA, MT, CFP®'s Profile

J. Patrick Garverick, CPA, MT, CFP® Related Seminars and Products


Pat Garverick is a Certified Public Accountant who currently lives in the Phoenix, Arizona area. He began his career in public accounting in 1988 after obtaining his Bachelor of Science in Business Administration (BSBA) in Accounting from The Ohio State University. After receiving his Master of Taxation (MT) degree from Arizona State University in 1992, Mr. Garverick began operating his own tax and financial planning business. He also started writing, reviewing, and teaching tax and financial planning continuing professional education courses around the country.

In addition to being a CPA, Pat is also a Certified Financial Planner (CFP®). This role serves to enhance the knowledge he brings as he writes and presents continuing education material. Mr. Garverick is a member of the Arizona Society of Certified Public Accountants, and the American Institute of Certified Public Accountants. Pat has presented continuing education sessions throughout the country and has won awards for both his skills as an instructor as well as for the content he has created. His knowledge, expertise, and high energy have made him one of the profession’s most highly rated speakers. He is in a very small group of instructors that are both extremely knowledgeable and interesting.

During his time in college Pat earned a letter as a member of the Ohio State Basketball squad. He remains a stanch supporter of the sports programs at his alma mater.

 


Dates

Mon, Nov 18, 2024 - 09:00am to 04:36pm CST
Mon, Dec 02, 2024 - 09:00am to 04:36pm CST
Thu, Dec 12, 2024 - 09:00am to 04:36pm CST
Fri, Dec 27, 2024 - 09:00am to 04:36pm CST
Mon, Jan 06, 2025 - 09:00am to 04:36pm CST
Tue, Jan 21, 2025 - 09:00am to 04:36pm CST
Wed, Feb 05, 2025 - 09:00am to 04:36pm CST

Additional Info

Basic Course Information

Prerequisites Background in individual income tax law
Advanced Preparation None
Designed For Tax accountants in public or private practice in need of power-packed one day Federal individual income tax update course. This is a great course to gear up for tax season.
Original Recording Date 10/2023
Course Developer The Tax U
Date Added to Catalog 08/26/2023

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Reviews

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Overall:      4.7

Total Reviews: 21

Comments

Cheng S

"Good class"

Amanda B

"Great speaker, would recommend to others! "