U.S. Taxpayers are getting ready for the impact of the recent U.S. Election and the changes to tax law and tax reform under the Tax Cuts and Jobs Act of 2017, the CARES Act of 2020, and American Rescue Plan of 2021. Each of these may be set to expire after 2025, but the issues may continue to impact all taxpayers.


This webinar will share tax planning strategies that have not changed but are easily overlooked for individuals and businesses, including changes in tax benefits that apply now more than ever. We now live and work in a remote workplace and employees must face issues outside of the office. The range of topics include managing deductions and credits for both the employed and self-employed.What You'll Learn:Overlooked Tax Benefits for Individuals and Employees

• Tax Benefits for Individual Tax Returns
  
• Relief From Tax Filing and Payment Dates
  
• New Issues and Reporting in Cryptocurrency
  
• Capital Gains and Dividend Rates
  
• Retirement and Employee Benefits
  
• Investment and Trading Activities
  
• Remote Work and Home Office Expenses
  
• Claiming Deductions Without Itemized Expenses

Tax Benefits for Small Business and Sole Proprietorships

• Claiming a Home Office Deduction for Business
  
• QBI Deduction for Flow-Through Business
  
• Depreciation Alternatives and Tax Elections
  
• Reinvestment in Real Property and Personal Property
  
• Current Updates on Claiming Business Losses
  
• Year-End Planning for Tax Liabilities

Tax Planning for Claiming Tax Credits and Refunds

• Education and Retirement Credits
  
• Child Tax Credits and Extra Tax Credits
  
• Home Improvement Credits
  
• Employee Retention Credit
  
• State Credits for Multiple States
  
• Research Credit and Work Opportunity Credit

Top Examples for Year-End Planning Strategies

• Managing Level of Income for More Benefits
  
• Claiming Tax Losses for Past/Future Benefits
  
• Timing and Reporting of Income Under Cash Method
  
• Claiming Excess Deductions and Credits
  
• Home Office Deduction and Managing Limitations
  
• Investment Gains and Losses Planning

Overlooked Tax Benefits for Individuals and Employees

• Tax Benefits for Individual Tax Returns
  
• Relief From Tax Filing and Payment Dates
  
• New Issues and Reporting in Cryptocurrency
  
• Capital Gains and Dividend Rates
  
• Retirement and Employee Benefits
  
• Investment and Trading Activities
  
• Remote Work and Home Office Expenses
  
• Claiming Deductions Without Itemized Expenses

Tax Benefits for Small Business and Sole Proprietorships

• Claiming a Home Office Deduction for Business
  
• Qbi Deduction for Flow-Through Business
  
• Depreciation Alternatives and Tax Elections
  
• Reinvestment in Real Property and Personal Property
  
• Current Updates on Claiming Business Losses
  
• Year-End Planning for Tax Liabilities

Tax Planning for Claiming Tax Credits and Refunds

• Education and Retirement Credits
  
• Child Tax Credits and Extra Tax Credits
  
• Home Improvement Credits
  
• Employee Retention Credit
  
• State Credits for Multiple States
  
• Research Credit and Work Opportunity Credit

Top Examples for Year-End Planning Strategies

• Managing Level of Income for More Benefits
  
• Claiming Tax Losses for Past/Future Benefits
  
• Timing and Reporting of Income Under Cash Method
  
• Claiming Excess Deductions and Credits
  
• Home Office Deduction and Managing Limitations
  
• Investment Gains and Losses Planning