Federal Income Tax Update 2022 | Louisiana State University | 10 January 2022 | LSU Business Education Complex, 501 S Quad Dr, Baton Rouge, LA 70803, USA

This will be a Federal Income Tax Update seminar with continuing education credit available for CPAs, Enrolled Agents, and those wishing to complete the IRS Annual Filing Season Program. The following major topics will be covered in detail:

• Identity Protection Program
• Consolidated Appropriations Act, 2021
• American Rescue Plan Act of 2021
• Infrastructure Investment and Jobs Act
• SALT Workarounds
• Supreme Court Decisions
• Changes in the Tax Forms
• 2021 Individual Tax Rate Schedules
• Section 139 – Federal Disaster Payments
• Guidance on Virtual Currency
• Below-Market Loans
• Local Lodging Expenses
• Employee Discounts
• Changing Accounting Methods
• Fringe Benefits of Passthrough Entities
• Payments Made to Individuals Instead of S Corp
• Capital Gains Tax Rates
• Sale of Undeveloped Land
• Section 1202
• Capitalizing Carrying Costs
• Code Sec. 83(b) Election
• Sale of Residence/Land
• Self-Certify for 60-Day Rollover Relief
• Net Operating Losses
• Excess Business Losses
• Passive Losses
• Depreciation
• Qualified Improvement Property
• Luxury Auto Depreciation
• Correcting for Failure to Take Depreciation
• Meals and Entertainment Expenses
• Taxpayer Attorney Fees
• Marijuana Businesses
• Personal Casualty and Theft Losses
• Major Affects of Loss of 2% Deduction
• Qualified Business Income Deduction
• Net Investment Income Tax
• Employee vs. Independent Contractor
• Advantages and Disadvantages of LLC

2022 Speaker

James R. Hasselback
Florida Southern College