This course is designed to bring you up to date on the numerous 2022 tax law updates impacting key areas of U.S. taxation. Topics will include the Inflation Reduction Act, e-file enhancements, and form update. Participants will be provided with practical insight on tax law changes for individual and business returns, and instruction on how to apply those changes to tax returns using UltraTax CS. Participants also will learn how to identify advisory opportunities under the new law through data mining and other techniques within UltraTax CS. The impact of ARPA and other tax provisions updated for 2022 will be covered.
For users who are new to UltraTax CS, prerequisites include the UltraTax CS Navigation course and at least one UltraTax CS Preparation course (1040, 1120, or 1065).
Target Audience: Professional Staff & Management
This course is eligible for 3 credits of NASBA CPE in the field of study Taxes Technical.
New for 2022 - this course is also eligible for 2 credits of IRS Federal Tax Update CE.
*** Points are subject to change with the development of 2022 UltraTax CS ***