2021-2022 Two Day Federal Tax Update Individual, Business & Corporate | Nebraska Society of CPAs | 6 December 2021 | Online Event
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Mon Dec 6 UTC - Tue Dec 7 UTC (about 3 years ago)
In your timezone (EST): Mon Dec 6 3:00am - Tue Dec 7 12:00pm |
| Location | Online Event |
| Region | All |
Details
Highlights:
New Tax Law for 2021
• 2021 Consolidated Appropriations Act
• American Rescue Plan
• President Biden’s Tax Reform (Possibilities, Progress, Politics)
2021 Individual Tax Developments
• Revisions to 2021 Form 1040 & Schedules
• Economic Impact Payments (third round)
• General Tax News on Individual Income, Deductions and Credits
• 20% Capital Gains Tax Plus 3.8% NII Tax Issues
• Pension and IRA Updates
• Real Estate News Including Sec. 1031 Exchanges and Real Estate Professional Rules
• Estate and Gift Planning Ideas Updated for President Biden’s Proposals
• FBAR and FATCA Reporting
2021 Business Tax Developments
• Revisions to 2021 Forms 1065, 1120, and 1120S
• Sick Leave and Family Leave Credits for the Self-employed
2021 Second Draw PPP Loan Details
• First and Second Draw PPP Loan Forgiveness Applications
• 20% Qualified Business Income (QBI) Developments
• General Tax News on Business Income, Deductions and Credits
• Entity Updates
• Updates on ACA and Its “Employer Mandate”
Designed For:
• Any tax professional who needs to know all the latest individual, business, partnership, corporation, estate, and trust tax developments.
Objectives:
• To enable tax practitioners to identify and solve client tax problems.
• To explore tax-planning ideas and strategies for our clients.
• To provide updated news for 2021 tax return planning and preparation.