Navigating the intricate world of personal and business taxation requires a keen understanding of the various tax credits available.
Tax credits offer a more advantageous position for taxpayers compared to deductions, as they directly reduce the tax liability on a dollar-for-dollar basis. This is in contrast to deductions, which only lower the tax liability by the marginal tax rate. Additionally, it's important to note the existence of refundable tax credits, which could potentially lead to a negative income tax for the taxpayer.
Adding to the complexity is the prioritization of tax credits claimed by taxpayers, underscoring the importance of comprehending the value each credit brings to individual taxpayers. In this CE Tax Course, we will dive into the intricacies of tax credits applicable to individual taxpayers specifically for the 2023 tax year. By shedding light on these credits, participants will gain valuable insights into optimizing their tax positions, navigating the nuanced landscape of tax regulations, and making well-informed financial decisions in the upcoming tax season.
Major Topic Covered:
Join this CPE Webinar by Tony Curatola to uncover strategies and nuances that can significantly impact individual tax liabilities for the year ahead.
Joseph F. Ford Professor of Acct’g & Tax, Drexel University
Dr. Curatola is the Joseph F. Ford Professor of Accounting at Drexel University in Philadelphia. He is the Tax Column Editor for Strategic Finance since 1992. He has served as the editor of the Journal of Legal Tax Research and currently serves on the editorial review board of several journals, and has held a variety of leadership positions, including current national service with the Institute of Management Accountants. He has published over 250 articles in journals including Journal of Financial Services Professionals, Journal of the American Taxation Association, Journal of Forensic & Investigative Accounting, Oil, Gas, & Energy Quarterly, and Tax Notes to name a few. Dr. Curatola was a co-editor on IRA Answer Book by Wolters Kluwer and author of the EA Review course for Surgent Publishers. Dr. Curatola externally funded research findings have appeared in media such as Forbes Magazine, The Washington Post, The Wall Street Journal, The New York Times, and other media outlets.
Course Level
Credits
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) 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.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.
Professor Curatola methodically reviewed the history and current standing of Individual Tax Credits as well as speculated on the probability of change or continuance of these credits. I deeply appreciate his style of presentation. Thank you!
KL
I found the webinar to be very organized and detailed about available tax-credits for individuals. It was very educational.
RH
excellent course material and outstanding instructor who did a fine job of explaining the various tax credits.
CP
This Course is very helpful for understanding the meaning of various credits that are available to taxpayers.
SC
Detailed and thorough slides. A great refresher for someone like me who doesn't practice in tax.
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