Selected Topics in Individual Tax

Course Details

Date

Thursday, October 31, 2019

8:30am – 4:30pm
(Registration: 8:00am)

Location

Prince Waikiki

100 Holomoana Street

Honolulu, HI 96815

808-956-1111

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Course Number

STIT

CPE Credit

8.0 hours CPE credit

Instructor

Level of Knowledge

Intermediate

Vendor

Accountant's Education Services (AES)

Prerequisites

Basic understanding of individual taxation

Description

Participants will review the rules, cases, and regulations that apply to common problems involved in preparing an individual income tax return. Specific areas will be explored in depth.

Objectives

Discuss the latest changes and legislative developments affecting individuals and the impact of the Tax Cuts and Jobs Act

Identify common alimony problems, including dependency exemption, indirect alimony, child support, and sale of residence

Calculate the deduction for qualified business income under 199A

Identify the types of individuals who are subject to the 3.8% Medicare tax

Calculate the Kiddie Tax and differentiate between filing Form 8615 and Form 8814

Identify individuals likely to be affected by the AMT and calculate the MTC carryforward

Discuss common self-employment tax problems, including SE tax for LLC/LLP members

Discuss principal residence issues, including the sale of a principal residence and identifying acquisition debt and home equity debt

Discuss the rules that apply to vacation homes, the home office deduction, and when commuting expenses are deductible

Explain the like-kind exchange rules, using settlement sheets to fill out Form 8824, and calculating depreciation of the replacement property

Discuss the rules for distributions from retirement plans and IRAs

Discuss the passive activity loss rules, including self-charged interest

Discuss the rules that apply to the calculation of depreciation, including bonus depreciation, luxury automobiles, half-year and mid-quarter conventions, and 179 additional first-year depreciation

Course Pricing

Early Registration Member Fee

Applicable if you are a HSCPA member in good standing and register by October 17, 2019.

$280.00
Member Fee

Applicable if you are a HSCPA member in good standing.

$330.00
Early Registration Non-Member Fee

Applicable if you are not a HSCPA and register by October 17, 2019.

$430.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$480.00
Neighbor Island Discount

Applicable for Neighbor Island members in good standing

-$100.00
Associate Neighbor Island Discount

Applicable for Associate Neighbor Island members in good standing

-$50.00
Your Price $430.00

CPE Choice

Learn more about CPE Choice.
CPE Choice Fee $250.00

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