Objective
Advise business owner clients on adopting tax planning strategies that would reduce their tax liability for 2023Highlights
- Electronic filing requirements for information returns
- Form 1099 E-File Portal
- Prevailing wage and registered apprenticeship requirements
- Monetizing energy credits
- Amortization of research and experimental expenditures
- New rules impacting required minimum distributions
- Contributions to Roth “catch-up” plans
- Compliance issues regarding the Employee Retention Tax Credit
- Preparing for the implementation of the Corporate Transparency Act
- Section 179 and bonus depreciation
Designed For
Tax practitioners who anticipate advising business clients in 2023 and 2024 regarding strategies to reduce or eliminate federal income taxationPrerequisite
A basic understanding of the tax rules relating to individual income taxAdvanced Preparation
None