Equitable Ownership - 0.2 CPESometimes the Tax Deduction Follows the Reality Not the Paperwork. Clients assume legal title is the only thing that matters for mortgage interest and property tax deductions. But in real life, people pay the mortgage, carry the risk, and control the property even when their name isnt on the deed. This course gives you a clear framework for evaluating equitable ownership so you can determine when deductions may still be allowed and when they wont.

New Qualified Small Business Stock Exclusion

emergency requests

and charitable stock giving to improve tax outcomes

This nano-learning course explains the tax treatment of legal settlements and the deductibility of related legal fees under current federal tax law

Determine when property qualifies as QPP and how immediate expensing

For tax and accounting professionals who want to:

engagement

students learn the tangible property capitalization and repair regulations that clarify when costs must be expensed as repairs or instead capitalized and depreciated

election deadlines

Distinguish between earned and unearned income for purposes of applying the kiddie tax rules

Recognize the operational

An index of recent law changes included