NSTP’s Annual Federal Tax Update & Review Course is an in-depth study of Federal Tax Law and Tax Updates for 2019 and beyond. This course reviews Federal Income Tax Law and introduces the participants to changes made due to new legislation and IRS Regulations, Revenue Rulings, Procedures and Tax Court Cases. It will discuss the Tax Cuts and Jobs Act provisions such as §199A, §172 NOL Limitations, §461(l) Loss Limitations for noncorporate taxpayers and more.
Learning Objectives: This course will enable participants with updated knowledge to prepare 2019 Federal Income Tax Forms and provide clients with proper planning strategies. Participants will be able to differentiate Federal Tax Law changes from the previous year, identify updated forms and rule changes, and apply rules of Federal Tax Law to preparing tax returns.