Tax Cuts and Jobs Act - Individual Tax Reform
SKU: CPE-09-009
Credit Hours: 2
Category: Taxes
Delivery Method: Online Group/Internet based
Instructor: Andrew Clark, EA
Course Description:
The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International provisions. This course will provide a thorough review of the Individual Tax Reform portion of the Tax Cuts and Jobs Act Bill (H.R.1.). Part 1 of this course will provide a summary description of all provisions referenced in the Individual Tax Reform section of the Tax Cuts and Jobs Act. It will identify which sections changed and which remained the same. Each provision will reference a more detailed description of the provision in Part 2 of this course. The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.
This course will cover the following topics:
- Reduction and Simplification of Individual Income Tax Rates
- Treatment of Business Income of Individuals, Trusts, and Estates
- Simplification and Reform of Family and Individual Tax Credits
- Simplification and Reform of Deductions and Exclusions
- Simplification and Reform of Savings, Pensions, and Retirement
- Alternative Minimum Tax
- Elimination of Shared Responsibility Payment for Individual Failing to Maintain Minimal Essential Coverage
- Other Individual Tax Reform Provisions