Gear Up 1040-Waukesha (IN PERSON)

Date

November 1, 2021 8am to 4pm
November 2, 2021 8am to 4pm

Seminar Rates

Members:

$425 EARLY- by 10/18/21

$500 LATE

Non Members:

$500 EARLY- by 10/18/21

$575 LATE

Location:

Ingleside Hotel (Formerly Country Springs Hotel)

2810 Golf Rd
Pewaukee, WI 53072

Rates $112  262-547-0201

Rooms must be reserved by 10/1/2021 

Please ask for rooms reserved for WI Association of Accountants

CPE - 16 Credits Taxation

 Click Here To Register 

Gear Up 1040 

This comprehensive course covers key tax issues for completing complicated individual returns including family return issues, taxpayers with investments, retirement income, the sole proprietor, and business and rental activity owners. Stay current with in-depth coverage of recent legislation, case law developments, and relevant notices, announcements, revenue rulings and procedures.  Speakers are all practicing preparers who share practical tips to help you get ready for this tax season. Coverage includes:   

• Economic impact payments (EIPs) (also known as recovery rebate credits) – 2021 and round three.
• The excess business loss limitation is back and here to stay for an extra year.
• Temporary advance payments of the child tax credit in 2021 and sweeping enhancements of this popular personal tax credit.
• Earned income tax credit – 2021 changes and beyond.  
• Changes to the education credits and deductions and the rules associated with debt discharge
• The rules of retirement plan accumulation and distribution  
• Strategies to maximize personal credits – earned income tax credit and credits for sick and family leave for certain self-employed individuals.
• The child and dependent care credit more than doubled for 2021 for qualifying taxpayers.
• Special 2021 retirement distribution rules for qualified disaster distributions.
• Reporting of interest, dividends, and capital gains  
• Tax practice and taxpayer strategies to safeguard confidential taxpayer information   
• Recent tax legislation and its impact on an individual taxpayer’s net operating loss (NOL), including new rules for farming NOLs.
• SBA’s PPP loan forgiveness – Schedule C or Schedule F outcomes.
• Self-employment taxation exclusion applicable to rentals from real estate  
• The CARES Act retroactive changes to qualified improvement property (QIP)  
• Final regulations defining real property for purposes of IRC Sec. 1031 tax-free like-kind exchanges 
• The qualified business income deduction (QBID) under IRC Sec. 199A – an endangered species? 
• Plus, much more 

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