Federal Tax Updates by Blaise Bender
Join us for the Chapter’s Annual Tax Updates coming in November 2024 at a new location!
Individual Tax Update | Nov. 18, 2024
Business Tax Update | Nov. 19, 2024
Where: The Hilton Garden Inn Waco, 5800 Legend Lake Parkway, Waco, TX 76712 | MAP
It is located behind the Baylor Scott & White Hospital near several other hotels and restaurants off of I-35 and Highway 6. From the main entrance, the conference room will be on the left side of the hotel. Parking is available around the hotel.
Instructor: Blaise Bender, J.D., CPA
CPE Hours: 8 per day
Included in your registration: Digital materials, lunch, beverages, and snacks.
COST: $250 for one day + $18.61 Fee | $475 for both + $33.71 Fee
Please register by Thursday, Nov. 7 at 5 p.m. This will enable us to correctly estimate the head count. We will continue to accept registrations through Nov. 18.
Times: Registration desk opens at 8 a.m. | CPE begins 8:30 a.m.
Individual Tax Update
Monday, Nov. 18, 2024
This seminar will cover the recent and proposed legislation that also impacts our individual clients. The session will also discuss current information regarding IRS Revenue Rulings, Revenue Procedures, Tax Court Decisions as well as New and Proposed Regulations. The session will also review changes to the tax forms impacting the upcoming tax season. The seminar will also discuss potential tax changes in light of the presidential election. The seminar is designed to not only provide information with respect to the upcoming tax season but also assist CPAs in tax planning for their clients
Among the areas covered are the following:
- Tax Filing Status and Tax Rates
- Items of Gross Income and Revised Exclusions from Gross Income
- Updates to Capital Gains and Reporting
- Updates on Passive Activity Loss Issues and At Risk Rules
- Short-term Rental Issues
- Updates on FINCEN Reporting
- Passthrough Basis Reporting
- Updates on Adjustments to Gross Income
- Update on Retirement Plans, including Implementation of SECURE 2.0 for 2024
- Revised Standard Deduction and Itemized Deduction Provisions
- Chargeable Contribution Issues
- Update on Qualified Business Income Deduction
- Updates to Individual Tax Credits Including Energy Credits
- Updates to Trusts, Estates and Gifting
- Proposed Legislation that could impact 2025
- The continuation of the Tax Cuts Jobs Act
Objectives:
- Provide the CPA and tax professionals with an update on legislative and tax matters impacting individuals with the upcoming tax season.
- Provide an update IRS positions impacting individual tax reporting.
- Provide an update on proposed legislative matters impacting individual tax reporting.
Delivery Method: ;Group live
Level: Designed for all tax professionals
Prerequisites/advance preparation No prerequisites and no advance preparation required.
Business Tax Updates
Tuesday, Nov. 19, 2024
This seminar will cover Legislative, Judicial and IRS Guidance of the past year as it pertains to Sole Proprietorships, C Corporations, S Corporations, Partnerships and LLCs. Recently issued IRS Regulations, Proposed Regulations, Revenue Rulings, Revenue Procedures and Tax Court Decisions, along with advice memorandums will also be discussed. The Seminar is designed to assist CPAs in business tax planning matters. The session will also include discussion of proposed IRS administrative changes designed to create greater efficiency and response to our clients. The seminar will conclude with the Texas Tax Update. Among the topics discussed include the following:
- Sole Proprietorship Tax Update
- Continued Aggressive Hobby Loss Examinations Involving Texas Farm and Ranch Businesses
- Recent Developments on General Business Deductions
- Revised Operating Loss Provisions and Limitations
- C Corporation Tax Update
- Beneficial Information Ownership Reporting – Update
- Business Tax Credit Update including New Energy Credits
- Apprenticeship in Prevailing Wage Issues
- S Corporation Update including Basis Issues and AAA and expended IRS examination
- Partnership and LLC Update
- Employment Tax Update and ERC Developments
- Nonprofit Tax Update
- IRS Procedural Matters; Current and Proposed
- Texas Tax Update
Objectives:
- Provide the CPA and tax professionals with an update on legislative and tax matters impacting businesses with the upcoming tax season.
- Provide an update IRS positions impacting business tax reporting including Pass-through entities such as S Corporations and Partnerships
- Provide an update on proposed legislative matters impacting business tax reporting.
Delivery Method: In person
Level: Designed for all tax professionals
Prerequisites/advance preparation No prerequisites and no advance preparation required.
Mail checks and print registration form to:
TXCPA Central Texas Chapter
PO Box 7834
Waco, TX 76714
Please register by Thursday, Nov. 7 at 5 p.m. This will enable us to correctly estimate the head count. We will continue to take reservations through Nov. 18.
For questions, please contact Rebekah North at 254-732-3026 or centraltxed@yahoo.com