Live event participants can earn up to 1 CPE credit in the Taxes field of study.Program description: As we can now see the end of 2023 on the horizon, many of our clients are asking about year-end planning considerations for 2024. This last year has brought a surplus of changes on all fronts, and while we expect a lot of the same moving forward, it is time to review steps businesses and individuals can take before December 31st as part of a year-end tax planning strategy.
Program level: Intermediate
Prerequisites: Current or past experience with taxation planning and/or implementation issues.
Advanced Preparation: None
Topics to be discussed include:
- State and local tax concerns around the pass-through entity tax (PTET) and remote workers.
- International tax update around the US international tax forms, as well as the penalties that accompany them.
- Federal tax modifications around the sunsetting of specific TCJA provisions, including:
- Bonus depreciation planning
- Recent updates to Section 174
- ERC concerns and taxpayer responsibilities
- The IRS’s recent announcement regarding the audit of larger partnerships and the enhancement of their processes and enforcement
- Individual tax changes involving Secure 2.0 and a one-time $50,000 deduction, as well as new information around Section 529 plans for the children and grandchildren in your life.
Instructional Delivery Method: Group Internet Based
Who Should Attend: Those interested in learning more about the crucial tax information businesses and individuals could consider as we close out 2023 and look forward to 2024.
Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits):
CohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
