Individual Tax Fundamentals - Tax Staff Essentials (On-Demand - BLI/AICPA)
Overview
Tax planning involves understanding a client's current situation to anticipate areas of future tax savings. You’ll review common individual tax planning topics to better help clients prepare for their future.
Access expires 180 days from purchase date |
Course Description
- filing requirements and dependents
- gross income inclusions and exclusions
- adjustments to income
- standard and itemized deductions
- refundable and nonrefundable tax credits
- tax computations
- penalties
- IRS revenue procedures and notices
- SECURE 1.0
- SECURE 2.0
- Inflation Reduction Act
Applicable for
Learning Objectives
- identify individual retirement account (IRA) and qualified plan distributions
- recognize the taxation of virtual currency
- recall how health savings accounts (HSAs) work
- recall the self-employed health insurance deduction
- recall the deductibility of charitable contributions
- recall the steps to figuring the qualified business income deduction under Section 199A
- recall the net investment income tax (NIIT) on unearned income
Content
- filing requirements and personal exemptions
- gross income inclusions, exclusions, and adjustments
- standard and itemized deductions
- tax credits
- tax provisions for high-income taxpayers
- 3.8% net investment income tax
- Roth IRA, IRA, and retirement plan options
- section 199A qualified business income deduction
Course Content Created: February 2024
Course Content Updated: August 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.About This Product
On-Demand Courses by BLI/AICPA. Business Learning Institute (BLI) Powered by AICPA & CIMA is a center facilitating the development and sharing of competencies and strategic knowledge required for leadership in today’s rapidly-changing business environment. While BLI is equipped to serve all business sectors, it was originally founded to meet the needs of accounting and finance professionals. BLI provides the training and skills needed to help you advance professionally and innovate thoughtfully. BLI offers both synchronous (live) and asynchronous (on-demand) seminars on a wide range of topics, with a focus on leadership, technology, communication, and personal and career development.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 14
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 11
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Individual Tax Fundamentals - Tax Staff Essentials (On-Demand - BLI/AICPA)
- 14
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 11
- Credits
Overview
Tax planning involves understanding a client's current situation to anticipate areas of future tax savings. You’ll review common individual tax planning topics to better help clients prepare for their future.
Access expires 180 days from purchase date |
Course Description
- filing requirements and dependents
- gross income inclusions and exclusions
- adjustments to income
- standard and itemized deductions
- refundable and nonrefundable tax credits
- tax computations
- penalties
- IRS revenue procedures and notices
- SECURE 1.0
- SECURE 2.0
- Inflation Reduction Act
Applicable for
Learning Objectives
- identify individual retirement account (IRA) and qualified plan distributions
- recognize the taxation of virtual currency
- recall how health savings accounts (HSAs) work
- recall the self-employed health insurance deduction
- recall the deductibility of charitable contributions
- recall the steps to figuring the qualified business income deduction under Section 199A
- recall the net investment income tax (NIIT) on unearned income
Content
- filing requirements and personal exemptions
- gross income inclusions, exclusions, and adjustments
- standard and itemized deductions
- tax credits
- tax provisions for high-income taxpayers
- 3.8% net investment income tax
- Roth IRA, IRA, and retirement plan options
- section 199A qualified business income deduction
Course Content Created: February 2024
Course Content Updated: August 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.About This Product
On-Demand Courses by BLI/AICPA. Business Learning Institute (BLI) Powered by AICPA & CIMA is a center facilitating the development and sharing of competencies and strategic knowledge required for leadership in today’s rapidly-changing business environment. While BLI is equipped to serve all business sectors, it was originally founded to meet the needs of accounting and finance professionals. BLI provides the training and skills needed to help you advance professionally and innovate thoughtfully. BLI offers both synchronous (live) and asynchronous (on-demand) seminars on a wide range of topics, with a focus on leadership, technology, communication, and personal and career development.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.