Get answers and information about COVID-19. VIEW NOW

In Person: Reviewing Individual Tax Returns: What Are You Missing?

← Return to The CPE Catalog
Tuesday, August 11, 2020 @ 8:30am 12:00pm
Add to Calendar

Description

The sheer mass of Internal Revenue Code provisions affecting individual taxpayers presents a considerable challenge for CPA's and tax professionals. Combine that with the potential for input error when utilizing the array of income tax software available creates the potential for a multitude of errors that can occur on the final tax return forms. Join us as we discuss the common errors practitioners make on individual tax returns that are often missed by review staff. The intent is to sharpen skills for reviewers by examining case studies and discussing issues where additional information from the client may be warranted and areas of tax law where proper treatment requires additional analysis and information. Multiple issues will be discussed including pass-through K-1s, home office issues, hobby losses, rental property, hiring spouses, depreciation, 179 issues, amortization and more! This course follows a highly illustrative case study format to increase participant comprehension and retention.

Credits

Category Amount
Taxation 4.00
The time is near. Please use our CPE catalog to register for another course.

Leaders

William F. Taylor

William F. Taylor

William F. (Bill) Taylor, CPA of Taylor, Mississippi, has been an employee benefit and investment consultant for over 20 years, beginning his career as the Employee Benefits Coordinator in the Jackson office of KPMG Peat Marwick and managing his own firm for over 15 years. Bill served as MSCPA Chairman in 2017-2018, MSCPA Secretary in 2008-2009, and was Chairman of MSCPA’s Continuing Education Committee for seven years. He has also served as Chairman of the Public Service Committee and as Board Representative for the Northwest Chapter. A nationally known consultant and speaker, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals and Actuaries, more than 45 state CPA and Bar associations and other organizations. He was awarded as an AICPA Outstanding Discussion Leader in 2008 and 2014. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.