According to the Merriam-Webster Dictionary, "tune-up" means "a general adjustment to ensure operation at peak efficiency." This webinar will define the most significant changes which impact 2024 tax return preparation for individuals and businesses, and "tune you up" to make you a well-operating machine for tax season. 

This course will explore the revised inflation-adjusted figures, potential pitfalls with electric vehicle credits, disaster relief regulations, and critical decisions around timing for cost recovery methods. Attendees will dive into the complexities of addressing Employee Retention Credits in income tax returns, navigating SALT PTET workaround statutes, and understanding the immediate implications of the SECURE 2.0 Act. By the end of the webinar, participants will gain valuable knowledge to effectively manage the evolving tax landscape and influence tax planning strategies.
 
Learning Objectives:

• Identify the key impacts of recent legislation on 2024 tax returns, and recognize the modifications made to IRS forms that could impact tax preparation


• Describe the significance of inflation-adjusted figures in tax planning


• Evaluate the implications of timing choices for cost recovery methods and their effects, and propose effective strategies to navigate the interaction between Employee Retention Credits and income tax returns

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222