Course Description:
There have been a lot of changes in the tax laws, especially when it comes to credits and deductions, that will affect the tax returns. All tax return preparers wanting to file tax returns must be aware of and understand how to apply the credits and deductions to the tax forms to ensure you are giving your clients the best representation.
Learn what has changed, including Child Tax Credit, Dependent Care Credit, Charitable donation deductions, form 2106, miscellaneous itemized deductions, alimony, electric vehicles, medical expense deductions, qualified business deductions, and more In this 1-hour course on 2023 Tax Credits and Deductions.
The learning objectives for this course are:
- Understand the changes to the tax laws that will affect the 2023 and 2024 tax filing seasons.
- Understand how to apply the new tax laws to tax returns.
- Identify potential tax credits and deductions that may be available to clients.
This course counts for 1 hour of IRS CE under the category of Federal Tax Law Related Matters.
About Doug Stives:
Doug Stives is considered a worldwide leader in public and management accounting by AICPA &CIMA. He is a CPA, MBA, and full-time professor of Accounting at Monmouth University and a professional speaker at many organizations and conferences. Doug was honored as Monmouth's Outstanding Business Professor of the Year in 2009 and 2016 and was awarded an Outstanding Educator award in 2021 by the New Jersey Society of CPAs. Frequent media exposure includes The Wall Street Journal and other national publications and television, including CNN, CNBC, PBS, NBC, Fox, CBS, ABC, and several cable networks. Doug was once dubbed as the “Most Tax Efficient Man in America” by the Wall Street Journal.
