2024 Individual Taxation Updates

Event: Live Webinar
Event Date: October 28, 2024
Presenter: Nicholas Preusch
Event Time: 1 PM EST
Duration:60 Minutes

Description:

As the year draws to a close, it’s crucial to stay informed about the latest updates in individual taxation to maximize savings and minimize liabilities. Join us for an insightful webinar led by tax attorney Nicholas Preusch, CPA, JD, LLM, who will provide a comprehensive update on the key changes in individual tax laws. This session will offer practical strategies to help you optimize your financial situation as you prepare for the upcoming tax season.

In this informative session, Nicholas Preusch will delve into the most recent developments in individual taxation, equipping you with the knowledge and tools needed to navigate the complexities of year-end tax planning with confidence. Whether you are a taxpayer, financial advisor, or tax professional, this webinar is essential for staying ahead of the curve and making informed decisions to secure your financial future.

Whether you’re a seasoned tax professional or new to the world of tax planning, this webinar will provide invaluable insights and actionable strategies to help you achieve financial success. Don’t miss this opportunity to gain the knowledge and confidence needed to navigate the year-end tax season with ease. Register now to secure your spot and empower yourself with the tools to master individual taxation updates!

Session Objectives:

  • Understand Recent Legislative Changes: Gain a comprehensive understanding of the latest legislative changes impacting individual taxation, including the implications of recent tax reform legislation.
  • Navigate IRS Updates: Stay informed on the latest IRS guidance and regulatory changes affecting individual tax reporting and compliance requirements.
  • Optimize Tax Strategies: Learn practical strategies to leverage changes in standard deductions, tax brackets, and other key provisions to minimize tax liabilities.
  • Address State and Local Tax Issues: Get up to speed on recent developments in state tax laws, residency issues, and how they impact individual taxpayers.

Webinar Agenda:

  • Introduction & Overview:
    • Understanding the importance of staying updated on individual tax laws.
    • Brief overview of the webinar’s key topics.
  • Recent Legislative Changes in Individual Taxation:
    • Detailed analysis of recent tax reform legislation and its impact on individual taxpayers.
  • IRS Guidance and Regulatory Updates:
    • Insights into the latest IRS guidance, regulatory changes, and compliance requirements.
  • Implications of Tax Law Changes:
    • Understanding how changes to standard deductions, tax brackets, and other provisions affect tax planning.
  • Navigating State and Local Tax Considerations:
    • Overview of recent state tax law changes and residency issues.
  • Practical Strategies for Year-End Tax Planning:
    • Expert tips and strategies to optimize your financial situation before the year ends.

Session Highlights:

  • Overview of recent legislative changes in individual taxation.
  • Key updates on IRS guidance and regulatory changes.
  • Strategies for optimizing tax planning in light of new tax laws.
  • Understanding changes to standard deductions and tax brackets.
  • Insights into state and local tax law developments.

Who Should Attend

  • Accountants
  • Tax Preparers
  • EA’s
  • CFOs / CEOs
  • Financial Compliance Professionals
  • Tax Attorneys

Speaker Profile

Nick Preusch’s primary focus is performing tax services for high wealth individuals and mid-to-large business entities. Nick’s responsibilities include tax research related to complex business transactions and tax return preparation and review. He also works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation. He was also an Internal Revenue Service (IRS) attorney at the IRS National Office in Washington, DC, where he was the lead attorney for several significant tax ethics cases. Nick co-authored Tax Preparer Penalties and Circular 230 Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA’s Tax Advisor and Journal of Accountancy along with CCH’s Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA’s Top 5 Under 35. In 2018, he was named to CPA Practice Advisor’s Top 40 Under 40. In 2018, he was part of the AICPA’s New Face of Tax ad campaign. Nick is a licensed attorney in New York and a Certified Public Accountant in Virginia. He earned an LLM in Taxation from Georgetown University, a JD from Case Western Reserve University, and an MS in Accounting from the University of Connecticut.