Topics covered include:
Bipartisan Budget Act of 2015;
Tax Underpayments for Partnerships;
Standard Mileage Rates for 2018;
Depreciation and Valuation of Automobiles;
Hobby Loss Rules;
Federal Income Tax Treatment of State Level Tax Credits;
Corporate Loss on Individual Tax Return;
Casualty Losses on 2017 Returns
Seriously Delinquent Tax Debt;
National Taxpayer Advocate 'Purple Book';
Filing Deadlines and Reminders.
Upon completing this course, you should be able to:
Discuss the BBA rules for partnership audits;
List the limits for deducting business driving in 2018;
Explain the conditions that impact an individual's passport.