Legislation passed this year as a result of COVID-19 led to many changes in how tax professionals will advise their clients and assist them in recovery. The National Association of Tax Professionals (NATP) Virtual Tax Season Update is the best way preparers can remain up to date on knowledge critical for their professional success.
The Virtual Tax Season Update is a three-day event taking place five separate dates to accommodate learners’ schedules and commitments. The first event will take place Nov. 9-11, 2020, followed by Nov. 18-20; Dec. 7-9; Dec. 14-16; and Jan. 11-13. NATP is also offering the event as an on-demand option for those who can’t make any of the live event dates.
Education sessions during the three-day update event include individual 1040 updates, business tax returns, payroll tax updates, PPP loans and more. Additional session topics to be offered are:
- CARES Act provisions and retroactive changes for individuals and businesses
- Retirement updates from the SECURE and CARES Acts
- Depreciation, including bonus and qualified improvement property (QIP) correction
- Changes to employee benefit plans