About this Course
Topics covered include: Tax Developments Impacting Individuals, Businesses and Retirement Plans;
Filing Status;
Innocent Spouse Relief;
Sales of a Principal Residence;
Developments affecting Retirement Plans and IRAs;
Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs);
Passive Activity Losses;
Hobby Loss Rule;
Filing Partnership Tax Returns;
Payments to Shareholders;
IRS Interest Rates for Overpayments and Underpayments;
Filing Deadlines.
Upon completing this course, you should be abe to: Explain the changes in Social Security and Medicare taxes for 2018;
Discuss new changes in claiming disaster losses on a prior year return;
List the private debt collection firms named by the IRS;
Explain which income tax rules have been impacted by inflation adjustments;
Discuss the estate and gift tax limits for 2018;
List the new contribution limits for qualified retirement plans for 2018.