FMN Plus-2023/Dec, Seg 6 - Year-End Tax Planning and Preparing for 2024
The end of the year is quickly approaching and there are many and various tax planning considerations and changes for the upcoming tax season. Tax expert Barbara Weltman discusses year-end tax strategies and upcoming tax considerations for 2024. Topics covered include tax credits and deductions for green energy initiatives, retirement plans, charitable contributions and R&D, as well as IRS plans to increase audit activity and leverage AI and digitalization.
Learning Objectives:
- Recognize the concept of bargain sales and the potential challenges associated with claiming a charitable deduction
- Recognize changes in the R&D credit, including the requirements for capitalization and amortization and proposed changes to Form 6765
- Identify tax credits available for qualified retirement plans and possible plan options
- Identify IRS audit initiatives to ensure tax compliance among large corporate taxpayers, partnerships, and high-income individuals
Prerequisites/Advanced Preparation:
None
Details
Course Code
:
FMN1541-FM
Release Date
:
12/08/2023
|
Expire Date
:
07/13/2025
|
Credits
:
|
Length
:
1hr 40min
|
Course Level
:
Update
|
Course Type
:
QAS Self-Study
|
Passing Grade
:
70%
|
Format Type
:
eLearning
Mobile Compatible
|
Field Of Study
:
Taxes
|
|
Theme
:
Corporate Tax Series
|