CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Federal Tax Update – Individual & Business Current Developments

Business Tax Update CPE Course

8 Credits


Subject Area


Webinar Qualifies For

8 CPE credit of Taxes for all CPAs

8 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-U-00707-21-S)

8 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0660)

8 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

8 CE credit of Tax Planning for all CFPs (CFP Board Approved : 8061) (Approval No. 296165)

8 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-U-00707-21-S)

9 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-U-00707-21-S)

8 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

The topic is also scheduled as live webinar on the following dates

Oct 25, 2021 | 10:00 AM EDT Register
Oct 27, 2021 | 11:00 AM EDT Register
Oct 29, 2021 | 12:00 PM EDT Register


  • Recommended Printing Prior to Class
    3 mins
  • Summary of the CARES Act of 2020
    33 mins
  • Business Provisions Made Permanent
    65 mins
  • Temporary Expansion of the Childless Earned Income Tax Credit
    113 mins
  • tax Treatment of Targeted EIDL Advances
    156 mins
  • Trades or businesses to which tax applies
    258 mins
  • Qualified birth or adoption distribution
    286 mins
  • Excess business loss
    322 mins
  • Business Entertainment Expenses disallowed
    380 mins

Course Description

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day fast-paced update course focusing on the hottest Federal income tax topics affecting individuals, businesses, and their owners with an emphasis on newly enacted income tax legislation.

This fast-paced CPE session is a comprehensive review of newly enacted income tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures, and private letter rulings affecting individuals and businesses.  Each participant will receive a comprehensive manual with the hottest tax topics including Pat Garverick’s Quick Reference Chart. 

Major topics included in this online Tax Update CE webinar: 

  • Discuss the most recent individual and business income tax legislation passed to date (e.g., SECURE Act, CARES Act, and COVID-related Tax Relief Act of 2020 and Taxpayer Certainty & Disaster Relief Act of 2020)
  • Review the individual and business income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the 20% qualified business income (QBI) deduction; changes to the individual income tax rates, kiddie tax computation, AMT, personal exemptions, itemized deductions, child tax credit, and income exclusions;  lower corporate income tax rates and AMT repeal, changes to NOLs, business loss limitations, interest deduction, accounting method changes, fringe benefits and entertainment expenses
  • Walkthrough major tax changes to corporations, partnerships, and/or individuals
  • Review any other income tax changes with respect to:
    • income, long-term capital gain tax, and dividend tax rates.
    • depreciation and §179 expense.
    • retirement plan and IRA contributions, distributions, and rollover rules.
    • alternative minimum tax (AMT).
  • Discuss other important IRS audit areas such as:
    • basis and at-risk limitations for S shareholders and partners.
    • passive activity losses and real estate professionals.
    • self-employment taxes.

J. Patrick Garverick is one of the most admired and best-reviewed Tax Speaker in the country and we are offering the classes at a much-discounted price during the pandemic. His courses have been best-reviewed time and again 

  • For Quality of Content.
  • For Relevance and Practical Case studies.
  • For Best Teaching Approach.
  • For Best Course Material.

Awards and Accolades

  • Award for Instructor Excellence for California Education Foundation.
  • Award for Outstanding Course materials for California Education Foundation.
  • Rated top tax instructor in nearly every location he has presented.
  • One of the few instructors to have received perfect scores (multiple times) from attendees for both presentation skills and knowledge. 

During this webinar, you will get Free E-Book worth $200. The book will be shared with you during the webinar. The book is copyright protected. 

Learning Objectives

  • To discuss the major Federal income tax laws impacting individuals, C and S corporations, partnerships, LLCs, and LLPs.
  • To identify and comprehend any newly enacted legislation, changes, and IRS guidance affecting individual and business income tax returns.
  • To discuss key developments in tax legislation

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Certified Management Accountant
  • Certified Public Accountant
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA