Description
Please note: This course will expire on Wednesday, April 30, 2025 at 11:59 pm ET. Please complete the course AND submit credit before the deadline.
For licensing purposes, all CPE applies to the calendar year in which a course was taken and completed.
Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript.
Whether you are an experienced veteran or new to the industry, one of the toughest parts of being a tax practitioner is keeping up with all of the changes in tax legislation. The Keeping Up the Code series takes a look at recent changes to tax law from a practitioner perspective. We don’t just hurl code sections at you without explanation. Using examples, problems, and plain explanations, we explore a mix of new tax issues and areas of the code that tend to be misunderstood in a practical and straight-forward way. In this session, we will explore the various ways that losses may be limited for noncorporate taxpayers, as well as the new overall limit on business losses.
Event Level: Update
Who Should Attend: CPAs, EAs, and financial advisors who advise on individual income tax issues
Required Knowledge: Basic knowledge of federal individual income taxation
Advanced Preparation: Basic knowledge of federal individual income taxation
Vendor: Peters Professional Education
Speaker: Peters, David
Objective
* State the four tiers of losses for noncorporate taxpayers * Identify the different tax treatment of losses suspended at each loss tier * Recognize when a loss may be suspended under IRC 461(l)
Credit Types
- Taxes: 1
Event Speaker(s)
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (1 hour) | Members | $60.00 |
| On Demand (1 hour) | Non Members | $175.00 |
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.