AICPA's Annual Tax Update: Individuals and Sole Proprietors (TSUI)

Grand Forks Ramada Inn - 12/6/2010
Minot Grand International - 12/9/2010
8 CPE Hours
$250 Member (AICPA Member $220)
$300 Nonmember (AICPA Member $270)
Add $25 after 11/22/2010

Instructors: Douglas Warren – Grand Forks, William Harden - Minot

Get ready for the upcoming tax season!  This comprehensive course you will learn what's new and what has changed in the federal individual income tax arena.  It brings you up-to-the-minute guidance on the latest tax legislation, court decisions, and IRS pronouncements.  Gain practical insights and valuable tax-savings strategies from AICPA's seasoned tax pros who know what the new laws, rules and court decisions can mean for real-world taxpayers.  With the ever changing tax laws and their increased complexity, you can't afford to miss out on this course.

Upon completion of this course, participants will be able to:

  • Identify and comply with the latest requirements resulting from federal tax statues, regulations, cases and rulings
  • Utilize new planning ideas for individuals and sole proprietors resulting from recent tax changes

Major Subjects:

  • Recent tax legislation, court decisions and IRS pronouncements related to individuals and sole proprietors
  • The latest rules on traditional, Roth IRAs, SIMPLEs and SEPs
  • Most recent changes to the education tax benefits
  • Tips, traps and opportunities on Schedules C and E
  • Practical, time-saving return preparation tips
  • Basis, At-Risk, and passive loss developments affecting Schedule C and E filers
  • Property transactions: Depreciation, amortization, gains and losses
  • Alternative Minimum Tax:  How to help your clients avoid its sting
  • How to turn valuable tax saving ideas and unique insights into new planning opportunities
  • Strategies our experts have gleaned from recent developments to help you minimize your clients' tax liabilities
  • Late-breaking tax legislation

Designed For: Tax practitioners in public practice and industry who need to stay on top of the latest changes in the federal tax law as they relate to individuals and sole proprietorships
Level: Update
Developer: AICPA
Prerequisite: Familiarity with federal tax issues for individuals