2025 Annual Tax Season Update

Overview

Each year, income tax return preparation must take into account inflation-related changes to various limits and new tax laws. This course will look at those changes and new laws to provide valuable information to persons preparing individual 1040 income tax returns. The 2024 Annual Tax Filing Season Update course discusses new tax law and recent updates for the 2024 filing season, provides a general tax review, and examines important rules governing tax return preparer ethics, practices and procedures.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Objectives

Upon completion of this course, you should be able to:

  • identify the principal individual income tax changes brought about by recent legislation
  • apply the inflation-adjusted and other limits to the proper preparation of taxpayers' income tax returns
  • recognize the federal income tax filing statuses and the criteria for their use
  • identify the types of income that must be recognized
  • apply the tax rules to the various credits and adjustments to income that are available to taxpayers
  • recognize the penalties that may be imposed on a preparer for failing to meet ethical and practice standards in preparing tax returns
  • identify the duties and restrictions imposed on tax preparers under Circular 230

Tax Year: 2024


Designed For:

CPAs and tax professionals at any level of their career


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None