2017 Mid Year Tax Update

Tax Law Kept Changing During Tax Season

What Did You Miss?

Written and Instructed by Bradley Burnett, J.D., LL.M. (Taxation)

(4 hour course)

While you were taking tax season head on and recovering from it, guess what happened? Over 500 court cases, 200 IRS IRB developments (including regs), 2,500 IRS rulings and other goodies came down. By now, the administration and blood hungry Congress are battling out the potential repeal of Obamacare and enactment of Tax Reform.

What did you miss? More than you might think. We’ve knocked it down for you. Give us four hours. We’ll get you caught up.

OBJECTIVES:  To update the attendee with relevant new federal tax developments occurring after last winter.

Highlights:

• Recent important court cases, regulations, rulings and related developments affecting individuals, estates/trusts & retirement plans
• How the Trump and Congressional proposals affect various profiles of taxpayers
• Tax Court keeps kicking IRS’ tail hard in the passive loss arena
• Charitable contribution deduction cases keep creating careful distinctions
• Is home mortgage interest deductible if paid by the taxpayer’s C Corp?
• A moving expense case that will bend your ears back
• Cancellation of debt (COD) income exclusion – Two new impressive taxpayer victories
• Parsonage allowance on the ropes – Atheists back in court
• New self employment (SE) tax cases worthy of attention
• IRS’ latest demands on and tactics against taxpayers
• Tax planning and return prep implications galore
• Much more specifics supplied as new developments unfold

This course is, no kidding, up-to-date through the day it is presented