2 CPE This course focuses on the updated filing requirements surrounding individual taxpayers across all filing types. Additionally, this course will go into detail regarding the updated basic standard deduction, additional standard deduction, personal deduction, and penalty amounts. Finally, this course will go over the filing of a deceased taxpayer's federal income tax return and the treatment of decedent income.
Learning Objectives
- Recognize the new standard deduction amounts across all filing statuses.
- Identify the requirements that must be met to file as any of the five filing statuses.
- Identify the new standard deduction and additional standard deduction amounts.
- Recognize the circumstances that will disallow taxpayers from taking the standard deduction.
- Identify when a taxpayer is required to file their federal income tax return.
- Recognize the various penalties associated with filing a return or paying taxes late.
- Identify the tax responsibilities and treatment of income associated with a recently deceased taxpayer.
Last updated/reviewed: July 26, 2022
12 Reviews (79 ratings)
Reviews
Anonymous
()
hits very core questions. makes one think about the little items in the tax law
Anonymous
()
Had some good content but everything in the lecture was also on the slides with large blocks of text. Could have just read through the slides instead of listening to the lecture and gotten all of the same points.
Erica Claudin
(Director, Financial Reporting at Charter Communications)
I thought this course would be more about what's new/different in 2020 but really it was very comprehensive covering off on all the basics. A 1 hour update would have been more useful to me, personally.
Anonymous
()
I found the course comprehensive enough to address the most important basic tax filing requirements and thresholds. It was easy to follow. The practice aids - pptx download was helpful.
Anonymous
(Assistant Controller)
Good summary course with provided new standard deduction amounts and requirements that must be met across all filing statuses.
Anonymous
()
The course was a good summary. I really wish I could view the exam questions that I got wrong. That would be very helpful.
Anonymous
(International Tax Manager)
Great course, very informative. The slides and instructors are detailed and to the point. Highly recommend this course.
Anonymous
(Managing Member)
Good overview of filing statuses for general use and very helpful reference for unusual and/or complex situations.
Anonymous
()
It was a great course. Very straight forward. Good info . Thank you !!!!!!!!
Anonymous
()
Good course with good understanding of tax liability of individual filing.
Anonymous
()
Good refresher on individual tax compliance. Thanks!
Fred Lamberson
( at City of LA)
Relevant information provided in a concise manner.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Andrew ClarkInstructor
About Illumeo
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Contact Us
- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 75 East Santa Clara St.
- Suite 1215, San Jose, CA 95113
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