With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day fast-paced update course focusing on the hottest Federal income tax topics affecting individuals, businesses and their owners. During this fast-paced session J. Patrick Garverick will review newly enacted tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures and private letter rulings affecting individuals and businesses.
This fast-paced session is a comprehensive review of newly enacted tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures and private letter rulings affecting individuals and businesses. Each participant will receive a comprehensive manual with the hottest tax topics including Pat Garverick’s Quick Reference Chart. Topics include but are not limited to: Detailed coverage of the individual and business income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the 20% qualified business income (QBI) deduction; changes to the individual income tax rates, kiddie tax computation, AMT, personal exemptions, itemized deductions, child tax credit and income exclusions; lower corporate income tax rates and AMT repeal, changes to NOLs, business loss limitations, interest deduction, accounting method changes, fringe benefits and entertainment expenses. Walk through major tax changes to corporations, partnerships and/or individuals. Review any other income tax changes with respect to: income, long-term capital gain tax and dividend tax rates, depreciation and Schedule 179 expense, retirement plan and IRA contributions, distributions and rollover rules, alternative minimum tax (AMT) Discuss other important IRS audit areas such as: basis and at-risk limitations for S shareholders and partners, passive activity losses and real estate professionals, self-employment taxes
Understand the major Federal income tax laws impacting individuals, C and S corporations, partnerships, LLCs and LLPs. Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting individual and business income tax returns.
J Patrick Garverick
5 stars out of 5 - speaker rating for 2019 “[Pat Garverick] is very knowledgeable and an expert in his field of teaching. I would highly recommend him to colleagues.” - past attendee
Pat began his career in public accounting in 1988 after obtaining his Bachelor of Science in Business Administration (BSBA) in Accounting from The Ohio State University.
After receiving his Master of Taxation (MT) degree from Arizona State University in 1992, Pat began his own tax and financial planning business as well as writing, reviewing and teaching tax and financial planning CPE training courses around the country. As an award winning discussion leader, Pat’s knowledge, expertise and high energy has made him one of the profession’s highest rated speakers resulting in numerous perfect scores for both knowledge and presentation skills.
Non-Member Price $349.00
Member Price $249.00