The major topics that will be covered in this course include:
- Update and integration of the most recent tax legislation impacting individual and business taxpayers.
- Review of individual and business provisions of the Inflation Reduction Act.
- Update on significant individual and business tax developments related to cases and rulings.
- Update on earned income credit, child credit, and child and dependent care credit.
- Crypto reporting update.
- Depreciation changes in Sec. 179 and Sec. 168(k) bonus depreciation.
- Tax issues impacting "gig" workers, including Form 1099-K.
- Update on partnership and S corporations, including Schedules K-2 and K-3 of Forms 1065 and 1120S related to foreign transactions.