It’s Taxing Time Again – Federal Tax Update for Individuals and Business


Tuesday, January 17, 2023 · 2:00 – 4:30 PM ET

You have one year from airing date to use this course as credit.

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Continuing Education

CPE Program Knowledge Level: Update
3 CPE Credit; NO prerequisites or advance preparation
CTEC Course #: 3022-CE-0157
IRS/RPO Approved Program
#7ZBUJ-U-00108-23-O (Online/Group) Live (Group-Internet Based)
#7ZBUJ-U-00108-23-S (QAS Self Study) Archive
Federal Tax Law Update (3 Hours)

For this 3 credit program you need to have purchased a 15 Credit or 3 Credit package

Program Content

This online learning program, presented as a live webcast, will be also archived for QAS Self Study. The program will be available for viewing for 12 months after the live webcast. A panel of IRS and industry experts will present the content during a live, interactive discussion, where participant questions can be submitted. Questions will be answered live on the program or posted on the Resources page.

The program, through a lively round-table discussion and real time interaction with the audience, looks at the administrative and legislative changes to the rules affecting the filing of both individual and business returns for the 2022 tax year, including any enacted or proposed tax reform. Panelists will provide updates on the start of the current filing season and review changes to forms and schedules. Panelists will discuss recent legislative and administrative developments, especially the tax provisions of the Inflation Reduction Act, relating to filing 2022 tax returns, to ensure complete understanding.

By the end of the program, participants will have a practical understanding, through accurate, current, and effectively designed communications, of the changes to tax forms for the 2022 filing season, new legislation and guidance affecting those returns, and how to avoid the potential problems that may arise.

Program Learning Objectives

  1. Identify the new rules in recent legislation and IRS guidance that affects the filing of individual tax returns for the 2022 tax year.
  2. Identify the proper forms and schedules used to claim any new or modified Individual tax credits or deductions.
  3. Identify the new rules in recent legislation and IRS guidance that affects the filing of business tax returns for the 2022 tax year.
  4. Identify the proper forms and schedules used to claim any new or modified business tax credits or deductions.

Program Outline

  • Individual Returns
    • Changes to Forms and Schedules
    • Inflation Adjustments
    • Significant IRS Regulations and Other Guidance
    • Anticipated Problems

  • Legislation Affecting Individuals
    • Energy Efficient Home Improvement Credit
    • Residential Clean Energy Credit
    • Clean Vehicle Credit
    • Previously-Owned Clean Vehicle Credit
    • Alternative Fuel Vehicle Refueling Property Credit
    • Health Insurance Premium Credit Relief Extension
    • Health Savings Account Safe Harbor

  • Business Return
    • Changes to Forms and Schedules
    • Inflation Adjustments
    • Significant IRS Regulations and Other Guidance
    • Anticipated Problems
    • Changes to RnD
  • Legislation Affecting Business
    • Corporate Alternative Minimum Tax
    • Excess Business Losses of Noncorporate Taxpayers
    • Depreciation for Clean Electricity and Energy Storage
    • Energy Efficient Commercial Building Property Deduction
    • Energy Credit
    • Advance Manufacturing Production Credit
    • Advanced Manufacturing Investment Credit
    • New Energy Efficient Home Credit
    • Research Credit Against Payroll Tax for Small Business
    • Elective Payments and Transferability of Credits for Energy Property and Electricity from Renewable Resources

Panelists

Moderator

Alan Pinck, EA
A. Pinck & Associates

Alan Pinck is an Enrolled Agent with over 30 years of tax preparation experience in the San Francisco Bay Area. He has built a practice specializing in individual, small business tax preparation and audit representation. You have seen Alan presenting at NTPI events, CSEA Super Seminar, Spidell Publishing as well as a variety of other presentations for tax groups and small business associations. Having represented thousands of tax returns in audit, Alan has obtained tremendous insight of the audit process as well as knowledge on a wide variety of tax issues.

IRS Panelist

Coming soon!

Industry Panelists

Claudia Hill

Claudia Hill, EA, MBA
Tax Mam, Inc./TMI Tax Services Group, Inc

Claudia Hill is an Enrolled Agent, nationally recognized tax professional and frequent lecturer on taxation of individuals and representation before IRS. She is Editor in Chief of the WoltersKluwer, (formerly CCH) Journal of Tax Practice & Procedure, co-author of CCH Expert Treatise Tax Practice & Procedure, a founding partner of Tax Genius Learning, and a frequent presenter for both audio and in-person CPE seminars nationwide. Claudia coordinates a "dream team of tax controversy advisors" for the IRS Watch blog on Forbes.com (http://blogs.forbes.com/irswatch/). She was named a Top Ten Nominee by Tax Analysts as 2011 Person of the Year.

Claudia is owner and principal of Tax Mam, Inc. and TMI Tax Services Group, Inc. in Cupertino, CA. TMI Tax Services Group offers tax return preparation, tax planning, and tax problem resolution and representation services, primarily to individual clients. She is often called upon by the news media as a resource person for commentary on tax topics. Her articles and observations have appeared in CCH publications as well as Tax Analysts, Forbes.com and industry professional journals. Her mission to reform or eliminate the individual AMT has been the focus of a number of articles. In March 2005, Claudia was invited to testify about the individual AMT at the President's Tax Reform Panel. Visit her website, www.taxmam.com.

Claudia is an associate member of the ABA Tax Section, a life member of the American Tax Policy Institute, a Fellow and former Dean of the NAEA-EF National Tax Practice Institute. After several years as "Chair," Ms. Hill is now a special advisor to the Government Relations Committee for the National Association of Enrolled Agents. She served on the 1987 Commissioner's Advisory Group to the National Office of the Internal Revenue Service. Ms. Hill holds a Master degree in Business Administration, earned with honors in 1978.

Thomas A. Gorczynski

Thomas A. Gorczynski, EA, USTCP
Senior Tax Consultant, Gorczynski & Associates, LLC Editor-in-Chief, EA Journal

Thomas A. Gorczynski, EA, USTCP is a nationally recognized speaker and educator on federal tax law matters. He is editor-in-chief of EA Journal, author of the Tom Talks Taxes online newsletter, the co-author of the PassKey Learning Systems EA Review Series and co-owner of Compass Tax Educators.

He is an Enrolled Agent, a Certified Tax Planner, a National Tax Practice InstituteTM Fellow, a Certified Tax Resolution Specialist, and admitted to the bar of the United States Tax Court as a non-attorney.

Tom earned a Master of Science in Taxation from Golden Gate University and a Certificate in Finance and Accounting from the Wharton School at the University of Pennsylvania. He received the 2019 Excellence in Education Award from the National Association of Enrolled Agents and the 2018 Member of the Year Award from the American Institute of Certified Tax Planners.

Tom's tax practice in Phoenix, Arizona focuses on implementing advanced tax reduction strategies and representing taxpayers with complex tax problems before the IRS and in the United States Tax Court.

Learn more about Tom and his upcoming educational offerings at www.gorczynski.tax.

Content Consultant

David F. Windish, J.D., LL.M
Content Consultant

David F. Windish, J.D., LL.M. in taxation, is a tax attorney and consultant. He has served as an instructor of tax-advantaged investments at the New York Institute of Finance; an Instructor of business law at the U.S. Merchant Marine Academy, Kings Point, N.Y.; and an adjunct professor at George Mason University, Fairfax, Va. He has also served as executive editor for Tax Analysts; managing editor for Business Strategies, published by CCH; and senior editor for the Institute for Business Planning.

Mr. Windish is the author of Practical Guide to Real Estate Taxation, published by CCH and currently going into its sixth edition. Earlier works include Tax Advantaged Investments and Investor's Guide to Limited Partnerships, both published by the New York Institute of Finance. Through the Center for Video Education, he authored continuing education courses dealing with real estate and closely held corporations. Those courses included readings, case studies, and videotape segments.

Mr. Windish is a graduate of Rutgers University Law School and the New York University School of Law, Graduate Division. He has been heard as a guest speaker at professional meetings and seminars and on popular radio programs.

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