Course Description:
The types of itemized deductions on form 1040 will be covered in this webinar. We will go over tax law, deduction restrictions, and standards for each category. The main focus of this webinar is case studies to guarantee comprehension and proper computation of itemized deductions in light of current tax law.
Learning Outcomes:
Following their participation in this webinar, participants will be capable of:
• Accurately classify your deductions on Form 1040.
• Recognize the current tax law's requirements and limitations regarding deductions.
• Apply deductions appropriately and decide which is better for clients: the Standard Deduction or itemized deductions.
Who should attend this?
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.
He has presented over dozens of webinars on Form 1099 (for 10 years on this subject!); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.
