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. Multiple issues will be discussed including pass-through K-1s, home office issues, hobby losses, rental property, hiring spouses, depreciation, Schedule 179 issues, amortization and more!
Common errors made involving the following tax forms: Form 1040, Schedule A, Schedule B, Schedule C, Schedule D, Schedule E, Form 4562, and Form 4797.
Basic knowledge of individual income taxation.
CPAs working with clients requiring up-to-date expertise in individual income taxation for the current tax season.
Identify common mistakes made on individual tax returns. Determine strategies to avoid making mistakes on individual tax returns.
Arthur Auerbach, CPA, is a sole practitioner specializing in planning for individuals and closely-held corporations. He is the former chairman of the Federal Taxation Committee of the District of Columbia Institute of CPAs and serves as a member of that committee. He was also a member of the Board of Governors of the District of Columbia Institute of CPAs.
Auerbach was formerly an editor for the Research Institute of America and a tax partner for a large regional CPA firm. His 38 years of experience also includes a position as an adjunct assistant professor at Pace University in New York where he taught intermediate and cost accounting. He has written many articles and is co-author of several books. He holds a BBA from Pace University.
Non-Member Price $183.00
Member Price $158.00