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What's Age Got to do With Children, Students and Family Taxes

Your Course Price: N/A
CE Credits
2
Advanced Preparation
None
Course Level
Intermediate
Prerequisite
Knowledge of Federal Income Tax Law
IRS CE
2
NASBA CPE
2
CTEC CE
2
Instructor
Paul La Monaca CPA, MST
Course Description

This course is Part 1 of 3 in a series addressing "age" and the impact of the Internal Revenue Code. This course introduces the participants to a vast number of federal income tax provisions where "age" is an issue for the proper preparation and compliance of the taxpayer's Form 1040 or Form 1040-SR. There are many provisions where the law provides an exclusion, deduction, credit, deferral, or penalty, where 'age" either allows or disallows the use of the provision. This course addresses tax issues for children including the kiddie tax. In addition, it addresses issues for taxpayers with children and tax impact on the family unit.

This course will address planning opportunities and traps where "age" is a factor. This course has 2 additional parts which are: Part 2 "What's Age Got to Do with Worker and Employer Taxes" and Part 3 "What's Age Got to Do with the Elderly and Retiree Taxes".

Learning Objectives

At the conclusion of the presentation, participants will have achieved a wealth of knowledge concerning federal income tax provisions where the "age" of the taxpayer, spouse and or a dependent, impacts the final federal income tax liability of the taxpayer in the current year and beyond. Also, tax professionals will be better equipped to provide planning sessions for their clients in the current and future tax years as the client reaches different "age" applicable challenges and opportunities.

Administration:
Refunds
  • Once your registration confirmation is emailed, due to the proprietary materials and content of orders are NOT ELIGIBLE for refund, cancellation, or transfer to another NSTP course.
Disclaimer
  • materials and presentations are intended to stimulate thought and discussion and to provide attendees useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any tax procedure, tax planning technique, device or suggestion, or any of the tax consequences associated with them.
  • Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual’s reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials, and during the seminar presentation, before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any device, technique, or suggestion before recommending the same to a client or implementing the same on behalf of a client, or on the attendee’s own behalf.
  • materials & presentations are fully protected under copyright law. Any attempt to copy for resale, distribution, or use other than personal use for tax preparation will be fully prosecuted of the law.
Testing Policy
  • require a test for CE. 3 attempts are allowed.
  • For AFTR courses, the test must be passed by midnight, December 31, 2024.
More Information For more information regarding refund, cancellation, and complaint policies, please contact our offices at 1(800) 367-8130.