Participate in an informative and thorough examination of recent tax law modifications included in the latest significant federal package, referred to as the "One Big Bill."
This course will analyze the most significant provisions impacting individuals, businesses, and tax professionals. We will examine the legislative intent, assess compliance and planning consequences, and highlight opportunities and challenges for clients and advisers. Topics encompass updates on expired laws, newly introduced credits and deductions, modifications to depreciation regulations, revisions to international and SALT frameworks, as well as enforcement and procedural alterations at the IRS.
We will examine the interaction of these provisions with current tax legislation and identify techniques that may require revision or development in response to the bill.
Key Topics Covered:
Learning Objectives:
Who Should Attend?
Participate in an informative and thorough examination of recent tax law modifications included in the latest significant federal package, referred to as the "One Big Bill."
This course will analyze the most significant provisions impacting individuals, businesses, and tax professionals. We will examine the legislative intent, assess compliance and planning consequences, and highlight opportunities and challenges for clients and advisers. Topics encompass updates on expired laws, newly introduced credits and deductions, modifications to depreciation regulations, revisions to international and SALT frameworks, as well as enforcement and procedural alterations at the IRS.
We will examine the interaction of these provisions with current tax legislation and identify techniques that may require revision or development in response to the bill.
Key Topics Covered:
Learning Objectives:
Who Should Attend?
Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation)
