This course provides an update and integration of 2022-23 tax legislation impacting 2023 individual returns * Update on significant individual tax developments related to cases and rulings * Individual tax changes, including the earned income credit, child credit, and child and dependent care credit * Section 199A changes, including use of carryforward passive activity and 199A losses and latest tax forms * Passive activity significant participation tests * Crypto reporting update * 2024 tax rate schedule and other inflation adjusted items * Passive activity and hobby loss rules changes.
Event Level: Intermediate
Who Should Attend: CPAs and members in industry seeking a legislative update on the most recent individual tax provisions
Required Knowledge: Basic working knowledge of individual taxation
Advanced Preparation: None
Vendor: Federal Tax Workshop
Speaker: Dilley, Steve