Session A (Live In Person) Skokie, IL

Description

This year’s tax workbook topics will include a wide
range of relevant topics, including:

• A Trust and Estates chapter, covering planning strategies using the annual gift tax exclusion. In addition, the chapter covers how to make discounted gifts of interest in an FLP, and how to avoid common IRS challenges to those discounted gifts.
• A Penalties and Defenses chapter, important for the coming IRS audit and collection activities. This chapter covers what defenses can be asserted and available administrative and statutory penalty relief.
• A Penalties and Defenses chapter, important for the coming IRS audit and collection activities. This chapter covers what defenses can be asserted and available administrative and statutory penalty relief.
• A form 4797 chapter. An old friend of mine, Vince Kloeckner, a well-respected IRS appeals officer, taught me that if a tax professional understands from 4797, they know a lot about tax law.
• An Individual Tax Issues chapter, dealing with the new regulations concerning the Premium Tax Credit, the new Clean Vehicle Credits, and new Home Energy Credits. The majority of the new credits impact 2023 and going forward.
• A New and Expiring Legislation chapter, which always provides the question of whether we will have any new and important last minute legislation from Congress and the current administration.