Seismic changes in tax legislation are taking place, and the well-informed tax practitioner will want to attend this webinar to stay abreast of these developments. This program will cover new court decisions, recent IRS publications, and the latest tax legislation impacting individuals. The remaining time will be spent on IRS procedures and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner. 

Program Content: 

Part I:  Secure Act 2.0 – Employee Provisions 

• Changes to the Saver’s Credit 


• Changing the required minimum distribution rules for Roth 401(k)s 


• Changes to required beginning dates for required minimum distributions of retirement plans.  


• Penalty-free Withdrawals for certain emergency expenses 


• Special provisions for firefighters and military personnel spouses  


• Increases in catch-up contributions  


• Impact on 529 plans 


• Opportunities for student loan payment matching 

• Offers in Compromise 


• IRS Administration 


• Statute of Limitations 


• Mailbox Rule 


• Discharge of Indebtedness 

• List recent court cases and Treasury publications affecting business entities


• Identify changes to IRS procedure


• Summarize recently issued tax court opinions and their implications for taxpayers


• Outline upcoming tax legislation and how it might affect clients