June 2024 Tax Update and Planning Strategies MicroCast - 1 Hour CPE

Learning Objectives: By taking this course the student will learn about: IRS’s Delays RMD Penalty for Recent Inherited Plans, Updated EV Credits Frequently Asked Questions, Buy, Borrow, Die Tax Strategy, Expiration of TCJA, CID Investigating Pandemic Fraud, Digital Asset Draft Form, De Minimis Safe Harbor or Cap Repair & Maintenance Costs, S Election – Purchased LLC, 1099-LTC reporting, Sec 121 Exclusion and Gains for Non-Qualified Periods, Solar Credit and Roof Work, Defaulted Installment Agreement, Shared Medical Policy, Trust Charitable Deduction, Selling Foreign Property, IRA Contribution Age Limits, Claim of Right Doctrine and two recent court cases of importance. CPE Hours: Federal Taxation= 1 CPE Credit / Total = 1 CPE Credit Accreditation: CTEC, IRS, Enrolled Agents, NASBA-QAS CPAs Field of Study: Federal Taxation Publication Date: 6/1/2024 Instructional Delivery Method: Group Internet-BasedLevel: Intermediate Prerequisites: None Advanced Preparation: No Advanced Preparatio