Description
This book is for preparing 2024 taxes. This course will assist you in getting ready for the 2025 filing season. You’ll become familiar with the new tax laws and IRS rules for 2024 and the impact they will have on the returns you prepare. Topics covered include the SECURE 2.0 law changes for 2024 and 2025, the new RMD rules, HSAs and LTC, tax planning for clients, and individual and business updates. We’ll include a list of provisions expiring in 2024 and discuss tax planning tips for the upcoming year.
Topics include:
- Explaining tax law and IRS rules applicable to 2024
- Summarizing new developments that occurred in 2024
- Advising clients on ways to lower their taxable income in the future