Learn about the numerous inflation-adjusted items that impact various provisions of the Internal Revenue Code and Treasury Regulations.

In this course, we will learn about the numerous inflation-adjusted items that impact various provisions of the Internal Revenue Code and Treasury Regulations. This course will discuss the inflation adjusted-items, as presented in the selected Revenue Procedure (i.e., Rev. Proc.) and Notice pronouncement. For the purposes of determining the annual increases to the inflation-adjusted items, course participants will have the ability to compare the current and prior year amounts.
Field of Study: Taxes
2 activities • 1 videos • duration: 50m

Shaun James has approximately 20 years of experience in public accounting and federal government. His professional experience primarily includes interpreting financial accounting standards under U.S. GAAP and applying federal income tax rules for partnerships, S corporations and individuals. Shaun is currently employed at the IRS as a Subject Matter Expert in LB&I’s Methods of Accounting and Timing Practice Network. Shaun also worked as an adjunct instructor teaching federal income tax and accounting courses at Baruch College, City University of New York. Shaun James is a New York State licensed Certified Public Accountant. He earned a bachelors degree in accounting from Susquehanna University and obtained a Masters in tax from St. John’s University. In my spare time, I like to follow the financial markets, read mental health books, watch sports and engage in physical activity. See LinkedIn profile for more details.
Great class!
The questions were very difficult to read sometimes. It appears they were written by someone that English was not their first language. Some words do not mean what they were meant to mean in the questions. That caused me to be quite confused about what the question was looking for. Or - some of the questions were asking such obscure parts of the tax code - never used by the normal everyday preparer - I felt like it wasn't testing whether or not I was paying attention to the course itself. The course also included too much ethics for Enrolled Agents - so I basically wasted 3 hours. I didn't know I wouldn't be able to choose which classes I could take - although it was a good value - it really didn't save me any money due to the wasted class. Little bit disappointing.
very precise