Further Consolidated Appropriations Act - Extenders and SECURE Act Provisions, Enacted on 12/20/2019 FLEXCAST
Available Until
Your Desk
2.0 Credits
Member Price $158.00
Non-Member Price $182.00
Overview
This overview of the Further Consolidated Appropriations Act, 2020 (HR 1865) covers both Extenders AND provisions of The SECURE Act. Enacted on Dec. 20, 2019, this was must-pass legislation, or the government would have shut down on Dec. 21st. Tacked onto the critical appropriation bill were many year-end tax changes – some retroactive. Included in the new law are pension and IRA reform provisions, extenders, disaster relief, and the repeal of a few ACA taxes. Since the Further Consolidated Appropriations Act retroactively changed 16+ tax breaks that had expired in 2017, amended returns for 2018 are required! Also included in this analysis is a summary of 23 major provisions of the Setting Every Community Up for Retirement Enhancement (The SECURE Act), the First Pension and IRA Overhaul since the 2006 Pension Protection Act. You Will Leave with No Questions Unanswered!
Highlights
Last Minute Major Tax Legislation. Individual Changes. IRA and Retirement Changes. Real Estate Changes. Business Changes. Payroll Changes. C Corp Changes. IRS Practice Changes.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents and attorneys.
Objectives
Introduction - The Further Consolidated Appropriations Act, 2020 (HR 1865). Individual Provisions. Kiddie Tax. Medical Expense Deduction AGI Limit. 529 Plans. Qualified Tuition and Related Expenses. Treatment of Mortgage Insurance Premiums (MIPs). Individual Disaster Relief Provisions. Temporary Increase in Limitation on Qualified Contributions for Disaster-related Relief, and more.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Vern Hoven, Vern Hoven Tax Seminars
Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education.
Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking Professional (CSP) designation from the National Speakers Association, which has granted only 400 CSPs out of 3,600 NSA members as of 2006. Vern practiced in the public, governmental, and corporate accounting fields before starting his own public accounting practice in 1973, a firm that grew to one of the largest in western Montana. In 1985, he started his present tax consulting practice. CPA Magazine recognized Vern as one of the top 50 IRS representation practitioners in 2008.
Non-Member Price $182.00
Member Price $158.00