Get Ready for Filing Season Webinar

Thursday, January 30, 2025
2:00-3:00pm

This webinar provides a review of what is new for 2024 tax returns and covers anything that’s new or different since Fall Tax School ended. It includes a discussion of disaster loss, Form 1099-K reporting, digital asset proposed regulations, and home mortgage interest deduction. It also covers the impact of the Social Security Fairness Act, signed into law on January 5, 2025. The webinar concludes with planning points for 2024 and 2025, such as the latest in BOI reporting requirements.

1 CPE Credits

Webinar Details

Fall Tax School webinars feature live audio and video instruction, plus a PowerPoint presentation. Each course includes a set of materials that accompany the course presentation.

Date: Thursday, January 30, 2:00 – 3:00pm Central
Registration Fee: $50.00
CPE Credits: Up to 1.0 based on attendance and completion of engagement activities.
CPE Filings Available: IRS

The webinar will be recorded and everyone registered will receive access to the recording for playback. The recording allows you to get the information if you can’t attend the webinar live and/or if you want to review the presentation after the fact. Please note: we can only award CPE if you attend the live webinar and complete the engagement activities.

Agenda

The agenda is still being developed and will be posted once it is available. Below is a preliminary list of topics:

General forms update
- Form 1040, Schedule 2
- Form 8936/15400/15504
- Form 1040, Schedule 3
- Form 7217, finalized
Disaster loss
- Form 172
- Form 461
Social Security Fairness Act
Form 1099-K reporting
Digital asset proposed regulations
Home mortgage interest deduction
Tax planning for 2024 and 2025, including BOI reporting update
Potential tax changes in 2025
Q&A

Webinar Instructor: Catherine Riddick

Catherine Riddick, CPA, JD, has been associated with the Tax School since 2008 as an instructor and as an author and reviewer for the University of Illinois Federal Tax Workbook. She is a CPA and licensed attorney. She worked for one of the large CPA firms in the Chicago area for 10 years and has had her own CPA firm in LaGrange, Illinois, since 1994. Catherine received a bachelor’s degree from Old Dominion University in Norfolk, Virginia and a law degree from Washington and Lee University in Lexington, Virginia.

Learning Objectives, Materials, & CPE

Learning Objectives

After participating in this webinar, you will be able to:

Recognize key tax form changes for 2024 returns.
Identify key tax law changes impacting 2024 returns and 2025 planning.
Describe tax impacts of Social Security Fairness Act.
Discuss the proper to way to treat disaster losses.

CPE Information

Organization	Credit Hours
CPE credits	Up to 1.0 based on attendance duration and completion of engagement activities
Field of Study (NASBA)	Taxes (1)
IRS Categories	Federal Tax Update (1)

Please see our CPE FAQ for more information.

Delivery Method: Internet-Based Group

Program Level: Overview

Field of Study: Taxes

Prerequisite(s): Professional experience in preparing tax returns and an understanding of basic tax rules and regulations.

Advanced Preparation: Test your computer system and audio prior to webinar start time.

Materials: Will be available in your Tax School account one week prior to the webinar.