2020 | Tax Year 2020 Federal Update (Recent Updates)
Credit Hours: 2
This course takes the learner through the changes from one tax year to the next. Topics include Annual Inflation Adjustments, The SECURE Act, New Standard Mileage Provisions, Current Status of Tax Extenders, and The CARES Act – COVID-19. If you are a tax professional, it is imperative to watch the CARES Act – COVID-19 update. Failure to grasp the material in this update could result in preparing 20 to 30% of your tax returns incorrectly this tax season.