1040 Workshop For 2026 Planning and 2025 Filings ON DEMAND
Available Until
Your Desk
25.0 Credits
Member Price $500.00
Non-Member Price $575.00
Overview
Designed to make the practitioner comfortable with high traffic issues, this program enables participants to discuss and handle individual tax essentials. This course examines and explains the practical aspects of return preparation and individual planning, bridging the gap between theory and application. Significant new developments are summarized with an emphasis on tax savings ideas. Practical applications and illustrations are used throughout the tax planning course to systematically explore tax deferral, reduction, and elimination opportunities accompanying return preparation. If you’re looking for the latest developments affecting individual returns and their related planning ideas, this course is the overview you need.
Highlights
Tax rates and tables. Filing status. Gross income. Dividends and distributions. Discharge of debt income. Exclusions from income. Nonbusiness and personal deductions. Education and medical expenses. Casualty and theft losses. Tax credits. Landlord’s rental expenses. Health insurance costs. Home office deduction. Travel and entertainment expenses. Employee expense reimbursement and reporting. Automobile deductions, and more.
Prerequisites
None.
Designed For
CPAs, CFOs, accounting professionals, and tax professionals.
Objectives
Identify federal revenue tax sources, citing the definitive role of gross income and determine a client’s tax liability. Specify the various filing statuses and their filing requirements, recognizing the advantages and disadvantages of each. Determine what constitutes gross income under Section 61, stating the tax treatment of fringe benefits, rental income, prizes, and a child’s income, and specify how debt discharge and foreclosure can result in taxable income. Identify the mechanics of income exclusions, such as education-related exclusions, insurance, and personal injury awards. Recognize income tax deductions and their use to reduce tax liability. Determine distinctions among several types of tax credits for children and education, identifying amounts and eligibility requirements, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $575.00
Member Price $500.00