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Live Webinar

100-minute live streaming program
  • February 28
  • 1:00 - 2:40 pm EST

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OnDemand Webinar
Audio & Reference Manual

Top Federal Tax Issues for 2020

February 28

Get a deep dive into the top 2020 federal tax issues.

The Tax Cuts and Jobs Act, passed at the end of 2017, is entering its third year. The IRS continues to pass regulations in attempts to define, explain and implement the law, one of the most far-reaching and complicated tax law changes in recent memory. Both businesses and individuals continue to face an array of new rules to try and integrate into their tax planning for 2020 and beyond. This topic will take a deep dive into all of the legislative and IRS administrative changes, as well as the judicial decisions, that occurred in 2019 that will impact how you manage your 2020 taxes.

Learning Objectives

  • You will be able to describe the most important aspects of the Tax Cuts and Jobs Act as they apply to 2020 tax planning.
  • You will be able to discuss the possibility of new tax legislation leading up to and after the 2020 elections.
  • You will be able to explain numerous tax planning opportunities for 2020.
  • You will be able to identify how to properly document large charitable contributions.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Tax Cuts and Jobs Act Two Years Later
  • Qualified Business Income Regs
  • Rental Real Estate Safe Harbor
  • Revenue Recognition
  • Qualified Opportunity Zone Regs
  • Section 163(j) (Business Interest Limitation)
Legislative
  • Prospect of New Tax Legislation
  • Taxpayer First Act
  • Further Consolidated Appropriations Act (Including SECURE Act)
SALT in the Wound?
  • 10,000 SALT Deduction Cap
  • Co-op Exception
  • State SALT Workarounds
  • Federal Taxation of SALT Refunds
  • Judicial Challenges
Administrative
  • Reporting Partner Capital
  • Qualified Business Income (Sec. 199A) Updates
  • Foreign Partner Withholding
  • Virtual Currency
Judicial
  • Economic Substance
  • Charitable Contributions
  • IRS Attempts to Bypass Regulatory Process
  • Investment Interest
  • Timely Mailed Is Timely Filed
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Can't Attend?

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on December 18, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 2.0
     
  • This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • AL CLE 1.7
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.7 hours credit.
     
  • AR CLE 1.5
     
  • This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.5
     
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, Inc. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • HI CLE 1.5
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
     
  • IL CLE 1.5
     
  • This course was approved for a total of 1.5 hours of MCLE Credit by the Illinois MCLE Board.
     
  • ME CLE 1.5
     
  • This course has been approved by the State of Maine Board of Overseers of the Bar. Lawyers who complete this course shall receive 1.5 hours of CLE credit under M. Bar R. 12.
     
  • NH MCLE 1.7
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 100 Minutes.
     
  • NJ CLE 2.0
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.0 hours of total CLE credit.
     
  • NV CLE 1.5
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.5 CLE hours.
     
  • PA CLE 1.5
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 2.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 2.0 hours of CLE credit.
     
  • TN CLE 1.67
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.67 hours of credit.
     
  • VT CLE 1.5
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
     
  • WI CLE 2.0
     
  • This program has been approved by the Board of Bar Examiners for 2.0 hours for use toward the Wisconsin Mandatory CLE requirement.
     
  • WV MCLE 2.0
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 2.0 MCLE hours.
     
  • Enrolled Agents 2.0
     
  • This program qualifies for 2.0 hours of Continuing Education Credit for enrolled agents under Treasury Department Circular #230 Section 10.6(g).
     
  • CPE 2.0 including Taxes 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Taxes for 2.0 hours. Prerequisite: basic knowledge of taxation. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Taxation for 2.0 hours.
     

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • GA CLE 1.7
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.75
     
  • NJ CLE 2.0
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.75
     
  • WV MCLE 2.0
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for accountants, CPAs, controllers, CFOs, tax managers, presidents, vice presidents, business owners and managers, enrolled agents, bookkeepers attorneys, and financial planners.

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Can't Attend?

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William Smith

William Smith

CBIZ, Inc.

Bill Smith

  • Managing director in the CBIZ, Inc. MHM National Tax office
  • Monitors federal tax legislation and consults nationally on a broad range of domestic tax services for businesses and individuals, including IRS procedural and controversy matters
  • Authored numerous tax articles, edits all of the CBIZ MHM thought leadership articles, and lectures on a broad range of tax topics across the country
  • Co-presents a business tax update every quarter entitled Eye on Washington
  • Frequently quoted in nationally recognized publications including the Wall Street Journal, New York Times, Barron’s and the Washington Post, as an authority on tax topics and professional ethics; he has been profiled in Forbes, and appeared as a commentator on NPR, CNBC and Fox News and Fox Business
  • In 2013, he was selected as a Washington D.C. Power Player by SmartCEO Magazine – one of a dozen lawyers, bankers and accountants selected in the inaugural year of the program’s existence; in 2017 he was honored again by SmartCEO Magazine as a Washington, D.C. Center of Influence
  • Having entered through the honors program, he spent the first five years of his career with the Dept. of Justice, Tax Division, trying tax cases on behalf of the United States (including jury trials in federal district court)
  • For over 30 consecutive years, he has received the preeminent ranking in legal ability and ethical standards from his peers, the highest rating available, from Martindale Hubbell, a division of Lexis-Nexis
  • Graduated with his law degree, magna cum laude, Florida State University College of Law, where he won a National Moot Court Championship and chaired the new membership for the Law Review
  • Active member of the California Bar, inactive member of the Florida Bar, and a member of the ABA Tax Section
  • Can be contacted at 301-961-1943, [email protected] or @BillSmithTax1
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 406988
Published 2018, 2020
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