Surgent's Top Individual Tax Planning Strategies

Course Details

Date

Tuesday, December 10, 2024

10:00am – 12:00pm

Field of Study

Taxation

Course Number

SU0011

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Basic

Vendor

Surgent McCoy CPE, LLC

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Description

The Inflation Reduction Act (IRA) and SECURE Act 2.0 both contained tax law changes that impact many individuals in 2024 and in later years. This program covers many of these changes as well as other tax topics that continue to impact individual income taxpayers.

Highlights

New Clean Vehicles (CV) and the Clean Vehicle Credit
What the CV seller must provide to the buyer
Credit for previously owned CVs
Energy efficient home improvement credit
Increase in age for required beginning date for RMDs
Reduction in excise tax on RMD failures
Indexing IRA catch-up limit
Higher catch-up limit to apply at age 60, 61, 62 and 63
Withdrawals for certain emergency expenses
Qualifying longevity annuity contracts (QLACs)
One-time election for qualified charitable distribution (QCD) to split-interest entity; increase in QCD limitation

Objectives

Advise individual clients on tax changes and opportunities in 2024 and after

Designed For

Tax practitioners who anticipate advising individual clients regarding tax planning opportunities for 2024 and later

Course Pricing

Member Fee Applicable if you are a HSCPA member in good standing.	$99.00
Non-Member Fee Applicable if you are not a HSCPA member.	$149.00
Your Price	$149.00