Individual Tax Update and Planning Strategies (ITXP)

Michael J. Tucker, JD, CPA
  • 3
  • Update
  • Taxes
On-site : Not available; please select a webinar
Webinar : November 18, November 24
Broadcast Times

Individual course: $91
Best Value: All-Star Tax Season Pass
Volume Discounts: 
Click here for details.


The COVID-19 pandemic caused major changes in individual tax rules for 2020. The tax planning strategies and new tax legislation applicable to 2020 are much different from what some tax practitioners expected. This program will cover tax developments for completed and contemplated transactions, as well as strategies for individuals economically affected by the pandemic. The presenters will discuss taking individual pandemic-related tax losses, options for IRAs and qualified plans, and tax status of forgiven Paycheck Protection Program loans.

Major Topics:

  • Tax planning environment for 2020 and after
  • New rules and planning strategies associated with IRAs and qualified plans
  • Waiver of required minimum distributions for 2020
  • Claiming pandemic losses under Section 165(i)
  • Section 127 plans
  • Health care coverage impacted by COVID-19
  • Tax issues and tax planning relating to homeowners during the pandemic

Learning Objectives

  • Advise clients regarding individual tax changes taking effect in 2020
  • Discuss individual tax planning strategies that result from recent legislation

Tax practitioners who anticipate advising individual clients regarding tax changes and tax planning strategies


A basic understanding of the tax rules relating to individual income tax




Varies by state. Check back soon for details