Course Description:
Discover how new regulations will impact both personal and business tax strategies. Gain valuable insights into tax bracket changes, standard deductions, and the effects of the TCJA expiration. Learn how to manage retirement plan distributions, leverage charitable giving opportunities, and understand IRS audit triggers. This course will equip you with the knowledge and strategies necessary to maximize tax savings and maintain compliance in a rapidly changing landscape.
What You’ll Learn:
- Recent Changes in Tax Law: Get up-to-date insights on the latest tax law adjustments that are already reshaping the landscape.
- What Else Might Change: Explore potential legislative shifts and their possible impacts on your tax planning.
- Midyear Planning Opportunities: Discover strategies to capitalize on current changes and optimize your tax position midyear.
- Trump Tax Proposals: Analyze the proposed tax policies from the Trump era and understand how they may influence future reforms.
- Changes at the IRS: Stay informed about evolving IRS guidelines, including new protocols and enforcement practices.
- Extensions, Refunds, and IRS Audits: Learn essential tips to navigate the complexities of tax extensions, refunds, and the audit process.
This course Counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
About the Presenter:
Doug Stives is considered a worldwide leader in public and management accounting by AICPA &CIMA. He is a CPA, MBA, and recently retired 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, 2016, and 2024 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.