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12 CPE Credits

The Best Individual Income Tax Update Course by Surgent

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12 CPE Credits

This is a text-based course. To receive credit, you are required to review all content and achieve a minimum score of 70% on the final exam.

This highly informative course comprehensively covers all the latest tax law developments. The focus is on individual taxation and discussion of the planning opportunities practitioners need to understand to help clients respond effectively. You will come away from the course with the up-to-date knowledge to educate your individual tax clients and implement tax-saving ideas that will serve their ever-evolving needs. This course is continually updated to reflect enacted legislation. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BFTU.

Learning Objectives

  • Understand strategies and tactics to use in light of new legislation
  • Understand the most current guidance on retirement planning
  • Understand how to nail down valuable deductions and other reductions to the tax base

Major Topics

    • Comprehensive coverage of the One Big Beautiful Bill Act
    • Review of key components of President Trump's tax bill, including a tip income exemption, overtime pay relief, Social Security tax exemption, auto loan interest deductibility, SALT deduction modifications, a lower corporate tax rate, restoration of 100% bonus depreciation, immediate R&D expensing, and permanent extension of select TCJA provisions
    • Tariff policy and implementation
    • analyze the use of tariffs as a fiscal and trade policy tool
    • Digital assets and tax implications
    • understand the new Form 1099-DA for reporting digital asset transactions, along with updated IRS guidance on cryptocurrencies, NFTs, and broker responsibilities
    • Artificial intelligence
    • discover how AI and generative tools are transforming tax practices, as well as how the IRS is leveraging AI to enhance audit selection
    • Form 1099-K reporting requirements
    • understand the evolving IRS thresholds and rules for third-party payment platforms
    • The Gig Economy
    • examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges, reporting responsibilities, and the impact of the 2024 Department of Labor Final Rule on worker status
    • Timely coverage of breaking tax legislation
    • Real Estate professional requirements
    • Review of pertinent cases and rulings affecting taxpayers
    • Practice aids, including all the numbers applicable for the current year -
    • inflation-adjusted amounts, mileage rates, retirement contributions, and more
    • Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas

CPE Credits Available

12 CPE Credits
12
Taxes

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Individual Tax

Prerequisites

Experience in individual tax planning

Advanced Preparation

None

Intended Audience

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their individual clients

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 219 219
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  • COCPA Non-Member

    $ 285 285
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