This LIVE webinar is on June 25th 1pm EST.
Webinar Description:
This 2-hour IRS-approved webinar provides a practical, in-depth look at itemized deductions on Form 1040. This live session will review each deduction category—including medical expenses, state and local taxes, mortgage interest, charitable contributions, and more—alongside current tax law requirements and limitations. Through detailed case studies, participants will gain insight into how to accurately apply deductions and assess whether itemizing or claiming the standard deduction is most beneficial for their clients. This live session will help tax professionals strengthen their decision-making and compliance strategies for the 2025 tax season. This course counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
Learning Objectives:
After completing this webinar, participants will be able to:
- Identify and categorize itemized deductions accurately on Form 1040.
- Explain the current IRS requirements and limitations for each deduction category, including medical expenses, state and local taxes (SALT), mortgage interest, and charitable contributions.
- Apply itemized deductions using real-world case studies to enhance understanding and practical decision-making.
- Determine when itemizing provides a greater tax benefit compared to claiming the standard deduction.
- Ensure compliance with current tax law while maximizing deductions for client returns.
- Avoid common pitfalls and misapplications of deductions that may trigger audits or adjustments.
Presenter Information
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
