New Calendar View!
Content Provider
Paulwinn logo

Middle networkalliance
Self-Study CPE
TAX LAW CHANGES: WHAT YOU NEED TO KNOW
View Details/Register
EXPATRIATE TAXATION - A DEEPER DIVE
View Details/Register
FOREIGN NATIONAL TAXATION - A DEEPER DIVE
View Details/Register
2018 TAX UPDATE: SO MUCH MORE NEW THAN MEETS THE EYE - WHAT LURKS BENEATH?
View Details/Register
PAYROLL TAX TRAIN WRECK: RESOLVING YOUR CLIENT'S PAYROLL TAX NIGHTMARE!
View Details/Register
TAX PREPARERS' PRAYERS ANSWERED: TAX ISSUES FOR THE CLERGY
View Details/Register
THE 2017 JOBS ACTS AND TAX CUTS - NEW TAX LAW UPDATE
View Details/Register
REDUCE EMPLOYMENT TAX EXPOSURE AND AVOID PENALTIES AND DISASTERS
View Details/Register
2019 TAX FILING SEASON UPDATE
View Details/Register
DEATH AND TAXES: ESTATE PLANNING FUNDAMENTALS FOR ACCOUNTANTS
View Details/Register
TAX REFORM: STRATEGIES FOR YOUR INDIVIDUAL AND SMALL BUSINESS CLIENTS
View Details/Register
IRS FORM 1099 REPORTING: REPORTING REQUIREMENTS
View Details/Register
EFFECTIVE REPRESENTATION TO ADDRESS ENFORCED COLLECTION ACTIVITY FROM THE IRS
View Details/Register
TAX CUTS & JOBS ACT: INDIVIDUAL TAX PREPARATION
View Details/Register
1099 HEADACHES
View Details/Register
TAXES IN EMONEY: FINANCIAL PLANNING AFTER THE TAX CUTS AND JOBS ACT
View Details/Register
INTRODUCTION TO INTUIT PROSERIES: TAX SOFTWARE DEMONSTRATION
View Details/Register
TAX REFORM AND PASS THROUGH ENTITIES §199A: PLANNING FOR PROFESSIONAL PRACTICE
View Details/Register
TAXATION OF IRAs AT DEATH
View Details/Register
TAX REFORM: OVERVIEW
View Details/Register
REASONABLE COMPENSATION FOR SHAREHOLDER-EMPLOYEES OF S-CORPS
View Details/Register
ESOPS 101: A DETAILED INTRODUCTION OF EMPLOYEE STOCK OWNERSHIP PLANS
View Details/Register
Winn fedtaxchange18 ss

FEDERAL INCOME TAX CHANGES - 2018

There is no video recording for this CPE course - materials are in a printable document. 
CPE Processing Fee$40.00  Webinar TranscriptionN/A     Presentation Length Hour(s)4.0 hours  CPE4.0   4 hours for EAs (Federal Tax Update)   Course Id# - HURS9-U-00224-18-S  Subject AreaTaxes  Course LevelBasic  Instructional MethodQAS Self-Study   PrerequisitesNone  Advance PreparationNone  Recorded DateJan 08, 2018  Date OfferedApr 19, 2018  Who should attend?Bookkeeper
CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent
Other
Small Business Owner 
Series: Bookkeeper, Tax Reform, Enrolled Agents, Taxes    
Course Description

Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. In addition, the Tax Cuts and Jobs Act of 2017 became effective in 2018.

This course will examine the tax changes that took effect in 2018 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes. In addition to these customary annual changes affecting various limits, other tax changes effective in 2018 that were brought about by the Tax Cuts and Jobs Act of 2017 will be discussed.

Learning Objectives

Upon completion of this course, you should be able to:


  • List the 2018 changes in various amounts including –

    • Standard mileage rates,

    • The standard deduction,

    • The AMT exemption amount,

    • The limits related to income from U.S. Savings Bonds for taxpayers paying higher education expenses, and

    • Deductions for qualified long-term care insurance premiums;



  • Identify the 2018 tax credit changes affecting the –

    • Saver’s credit,

    • Earned income credit, and

    • Adoption credit;



  • Recognize the 2018 changes affecting –

    • Health Savings Account (HSA) and Archer Medical Savings Accounts (MSA) requirements and contribution limits,

    • Roth IRA eligibility, and

    • Traditional IRA contribution deductibility for active participants in employer-sponsored qualified plans;



  • List the changes effective for 2018 brought about by the Patient Protection and Affordable Care Act with respect to the:

    • Individual penalties under the shared responsibility provision mandating insurance coverage,

    • Small employer premium tax credit, and

    • Applicable large employer mandate; and



  • Identify the principal provisions of the Tax Cuts and Jobs Act of 2017 affecting tax preparers and planners.

Not logged
Additional Materials
COURSE MATERIALS
Review Questions
Review Questions
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

Loading ...

Loading ...
Linkedin

Paul Winn

Winn Publications
Financial Writer, Editor & Trainer
pjwinn@verizon.net
(757) 253-8075

Paulwinn logo

Paul J. Winn, CLU, ChFC has over thirty years experience in the life insurance and investment industry. As well as fifteen years as a financial writer, editor, and trainer. Paul has worked for Mutual Life Insurance Company of New York, Security Mutual Life Insurance Company, Principal Financial Group, and the Maryland Financial Corporation. Paul is a Published book author, writer & editor of major mutual life insurance company’s agent-training “university”, and the creator of more than 100 training courses in computer-based training, print and scripted classroom formats.

Nasba
Logo qas

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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 boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Paulwinn logo
Training and continuing education courses dealing principally with life insurance, health insurance, annuities and taxation.