2024 Mid-Year Business Tax Update
4.00 Credits
Member Price $150.00
Price will increase by $25 after 5/16
Non-Member Price $200.00
Price will increase by $25 after 5/16
Overview
This course is essential for the tax practitioner who wants to update their knowledge of business income taxation so that the practitioner can provide solid planning advice to their clients prior to year-end. This course will provide a comprehensive review of business issues for the current tax year. Included will be a thorough review of all Internal Revenue Code changes made by year-to-date. In addition, this course will instruct the participant as to where to expect potential changes to be made by the current administration.
Highlights
- Major changes to legislation
- Start-up and organizational expenses
- Employing a family member
- Health insurance issues
- Business use of home
- Profit motive
- Marijuana issues
- Depreciation issues
- Cryptocurrency
- Employee vs. Independent Contractor issues
- Meals and entertainment
- Vehicle issues
- Real estate issues
- Section 199A issues
- Compensation issues
- Retirement plan issues
- Penalties
Designed For
CPAs, EAs, Attorneys, financial planners, insurance agents and bankers
Objectives
At the end of this course the participants will be able to:
- To discuss major changes to the Internal Revenue Code created by legislation
- To list ideas as to how to create and/or update their client's business so that they are prepared for the upcoming tax season
Leader(s):
Leader Bios
Mary Jane Hourani, Werner-Rocca Seminars Ltd
Mary Jane Hourani has been a dedicated practitioner in the tax accounting field since 1993, beginning her career with prominent Tax, Accounting, & Audit Firms before establishing her own practice in 2005. Her academic credentials include a Master of Management from Walsh College of Accountancy and Business Administration, complemented by a Bachelor of Science in Public Administration from Eastern Michigan University, with a specialization in Organizational Development and Governmental Accounting. As an Internal Revenue Service Enrolled Agent, Mary Jane is authorized to represent clients before the IRS, a testament to her expertise and integrity in the field. This designation is accompanied by her status as a NTPI Fellow with the National Association of Enrolled Agents, underscoring her commitment to the highest standards of professional excellence. Mary Jane has also contributed significantly to education in her field, serving as an Instructor of Tax at Michigan State University Tax School since 2008 and engaging as a speaker for various trade organizations from 2005. Her role as a Contributing Editor and Author for the National Tax Workbook since 2009 highlights her as a valuable resource in tax education, where she has developed and compiled tax course packs for Michigan State University Tax School and other organizations. In addition to her instructional roles, Mary Jane is a former H&R Block Instructor/Trainer, further showcasing her breadth of experience and dedication to fostering knowledge in others. Her professional affiliations include membership in the National Association of Enrolled Agents, Michigan Association of Certified Public Accountants, National Association of Tax Professionals, and the American Institute of Professional Bookkeepers. Moreover, her certification as a QuickBooks ProAdvisor signifies her expertise in financial software, enhancing her ability to serve her clients comprehensively.
Non-Member Price $200.00
Member Price $150.00