This course describes key changes to federal income tax provisions affecting the deductions and credits available to individual and business taxpayers under the new tax laws. This course also explains major IRS regulations and initiatives launched during 2016. Upon completion of this course, you will be able to: Identify major tax effects of legislation and regulations enacted during 2016; Recognize updates to the Affordable Care Act (ACA) rules; Identify IRS tax administrative changes implemented in 2016.