Family Tax Planning
Course Description:
While the nuclear family remains the center point of society, today it is under tremendous economic and social pressure. This course is designed to cover “hot” topics having a direct impact on the practitioner who represents any client with family issues. The emphasis is on using tax solutions to ease family economic concerns permitting the practitioner to be a real tax hero.
Learning Objectives:
Upon successful completion of this course, participants will be able to:
· Determine how filing status affects taxpayers' filing requirements, standard deductions, and correct tax
· Select the number of pre-2018 exemptions a client could have and state the impact said exemptions had
· Identify the child tax credit listing the requirements for qualifying child and determine the tax treatment of earned and unearned income for children.
· Recognize the mechanics and requirements of available educational benefits.
Course Number:
T8287
NASBA Field of Study:
Taxes
Level:
Overview
Author/Instructor:
Danny C.Santucci
Publication Date:
May 2023
CPE Credits:
24
Prerequisites:
General understanding of federal income taxation
Advanced Preparation:
None
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