March 2025 Tax Update and Planning Strategies MicroCast - 1 Hour CPE

Learning Objectives: By taking this course, students will learn about: Proposed regulations on the $1M limited compensation deduction, Sec. 7216 use and disclosure rules, TAS Act provisions for preparers, COBRA & self-employed health deductions, S corporation revocation, Sec. 1031 exchanges for ADU units, consolidating gifts, tax ID requirements for CTC & ACTC, amending to joint after a spouse obtains an SSN, Roth transfers & crypto investments, insolvency & pension plans, rental gift depreciation recapture, taxability of state grants, trust withholding pass-through, education credits for foreign colleges, unused NOL carryovers when a business shuts down, and more.CPE Hours: Federal Tax Law = 1 CPE Credit / Total = 1 CPE CreditAccreditation: CTEC, IRS, Enrolled Agents, NASBA-QAS CPAsField of Study: Federal Tax Law Publication Date: 3/1/2025Instructional Delivery Method: Group Internet-BasedLevel: IntermediatePrerequisites: None  Advanced Preparation: No Advanced Prepar