Income Tax Planning 16th Edition

Stay informed with the most up-to-date information! New content in this latest and greatest edition: -All text, exhibits and examples updated with 2023 numbers. -New section on income from crowdfunding and 1099-K reporting. -New section on qualified charitable distributions from IRAs. -Updated for the InflationReduction Act of 2022, including: -Residential Clean Energy Credit -Energy Efficient Home Improvement Credit -Clean Vehicle Credit -Credit for Previously-Owned Clean Vehicles -Corporate AMT Updated for currently effective provisions of the SECURE 2.0 Act of 2022, including: -529 plan rollovers to Roth IRAs -Increased age for beginning required distributions from IRAs and qualified plans -Self-employed Roth SEP and SIMPLE elections -New penalty exceptions for early distributions from IRAs and qualified plans -Reduction of penalty for late required minimum distributions from IRAs and qualified plans -Enhancements to Small Employer Pension Plan Start-up Costs Credit This is just to name a few! Many more updates are included in the 16th edition!