2 CPE This course focus on the updated filing requirements surrounding individual taxpayers across all filing types. Additionally, this course will go into detail regarding the updated basic standard deduction, additional standard deduction, personal deduction, and penalty amounts. Finally, this course will go over the filing of a deceased taxpayer's federal income tax return and the treatment of decedent income.
Learning Objectives
- Recognize the new standard deduction amounts across all filing statuses.
- Identify the requirements that must be met to file as any of the five filing statuses.
- Identify the new standard deduction and additional standard deduction amounts.
- Recognize the circumstances that will disallow taxpayers from taking the standard deduction.
- Identify when a taxpayer is required to file their federal income tax return.
- Recognize the various penalties associated with filing a return or paying taxes late.
- Identify the tax responsibilities and treatment of income associated with a recently deceased taxpayer.
Last updated/reviewed: July 25, 2024
54 Reviews (301 ratings)
Reviews
Rosie Herren
(Controller at Book and Street)
Lots of good info presented. However, the presenter just read all of his slides to us. Don't feel he was really needed to speak given that fact. The slides were also mainly textual, which after awhile is hard to keep chugging through, Would have preferred some more visuals and easier to view formats.
Cynthia Quigley
(Accountant at Steinhatchee River Club)
The information was thorough and easy to understand, but the attempt at updating the audio for 2023 was not well done. There are cut off words, silence, and in one case, the audio did not match the slide amount. Just a note, I believe it should be "dual citizenship" rather than "duel citizenship".
Anonymous
(Director of Finance)
Had some good content but everything in the lecture was also on the slides with large blocks of text. Could have just read through the slides instead of listening to the lecture and gotten all of the same points.
Erica Claudin
(Director, Financial Reporting at Charter Communications)
I thought this course would be more about what's new/different in 2020 but really it was very comprehensive covering off on all the basics. A 1 hour update would have been more useful to me, personally.
Julie Varoz
(CFO at 7 Summits LLC)
The information of the course as it was very straightforward and educational. Perfect review for the end of 2023. The pdf of the slides at the end are great, excellent reference if needed.
Anonymous
()
I found the course comprehensive enough to address the most important basic tax filing requirements and thresholds. It was easy to follow. The practice aids - pptx download was helpful.
Anonymous
(CEO)
I enjoyed the information of the course as it was very straightforward and educational. THe pdf of the slides at the end were great as well to go over before taking the practice exam.
Justin Lieberg
(Financial Reporting at Choice Bank)
Good information, really heavy on the text in the slides though. Would be better off elaborating more and talking on subjects instead of just reading off of really text heavy slides.
Anonymous
(Global Controller)
The instructor read the slides verbatim. A lot of good information, but it was more like a book on tape, rather than a training course. The sound was also a little glitchy.
Elaine Brooks
(Attorney at Cooper Adel Vu)
There are some gaps in the audio where the 2023 numbers should be. A little hard to follow at times. Also, a couple of repeats. it's just an odd recording.
Anonymous
(Retired)
It was very educational and informative with great slides. The only thing is that it seemed that it was just read right off the slides. Otherwise very good.
Anonymous
(Principal)
Content was fine but disappointing that the instructor couldn't take the time to re-record sections and opted to simply mute out amounts that had changed.
Anonymous
(Accountant)
Good course, audio had some cut offs but was not distracting. The information in this
course can benefit anyone who files an individual tax return.
Anonymous
()
The audio was a reading of the slides. A text would have been faster.
It could have been better to have more examples applying a ruling.
Anonymous
(Accountant)
This course on the 2023 Filing Requirements was very informative. It provided a good update, and served as a reminder of things to look into.
Anonymous
(Assistant Controller)
Good summary course with provided new standard deduction amounts and requirements that must be met across all filing statuses.
Anonymous
(CPA)
The course was a good summary. I really wish I could view the exam questions that I got wrong. That would be very helpful.
Nafisah Fudaeel
(Owner at Tax Roadmap)
The course was very easy to follow and understand. The instructor was clear and concise. The materials were appropriate.
Anonymous
(Staff Accountant)
Covered a lot of basic information, some current, some for prior tax years. Also covered some more in depth explanations.
Natasha Clark
(Cpa at My own)
Hopefully new courses will be added for 2023 tax year. I am hoping illumeo updates a few courses and give more variety.
Anonymous
(International Tax Manager)
Great course, very informative. The slides and instructors are detailed and to the point. Highly recommend this course.
Helen Wiley
( at Helen V Wiley CPA)
Course is full of information but really not very informative - all information is common knowledge or easy to look up.
David Fisher
(Associate at YPTC)
Presentation was well laid out and supported the objectives of the course. Support materials were clear and concise.
Ryan Bowman
( at Self Employed)
Good course, lots of info.
I don't like that I have to leave a review with a certain number of words, it's annoying.
Scott Anderton
(CFO at HCA)
Good information but not much more given than what was on the slides. Seemed like it could have been a self study
Anonymous
(Managing Member)
Good overview of filing statuses for general use and very helpful reference for unusual and/or complex situations.
Anonymous
(Accounting & Finance Guy)
Good overview with some sprinkles of oddities that come up in tax preparation. Good for anyone who files taxes!
Ryan Yee
( at Airbnb)
Great course very informative. I like the instructors communicative style and presence in the learning materials
Jeffery Frick
( at Zurn Elkay Water Solutions)
would have liked it if instructor was more conversational, rather than just reading verbatim from the slides.
Anonymous
(Controller)
very detailed and reminder of rules for 2023. This is helpful as we start filing tax returns for 2023.
Anonymous
()
Really informative. Detailed enough for me to understand the basics and have in mind as a taxpayer.
Anonymous
(Financial Analyst)
Just reading the slides without additional commentary was not the best method to keep my attention.
Anonymous
()
It was a good overview of the updates and I was able to learn interesting tax information.
Katrina Ivancic
( at Starworks Accounting & Tax L..)
The review question about the filing requirement for MFS statuw3
is incorrect. It is $5.
Matt Watkins
(Finance Director at United Way of West Alabama)
Instructor did a great job at covering a vast array of topics. Explained them well, too.
Anonymous
(Staff Accountant)
I liked the specificity in questions during the exam, testing my actual knowledge
Anonymous
()
hits very core questions. makes one think about the little items in the tax law
Anonymous
()
It was a great course. Very straight forward. Good info . Thank you !!!!!!!!
Mi Young Kim
(Managing Director at Vine Consulting Limited)
It's very helpful to understand the basic information of tax return in U.S.
Anonymous
()
Good course with good understanding of tax liability of individual filing.
Anonymous
(Accounting Manager)
This is a good refresher course that has been updated with 2023 amounts.
Anonymous
(Financial Advisor)
Informative. Course is at the right level of detail for an overview.
Anonymous
()
the recording had a very slow monotone voice. not a lot of examples.
Anonymous
()
good review of what is to come in 2023 and the 2024 tax filing season
Alice Jeanna Yu
(title at bank)
very good overview. useful recap. holistic. succinct. good coverage
Anonymous
()
Slides were good and comprehensive - information was well organized.
Anonymous
(CPA)
Good update on individual filing amounts and requirements for 2023.
Lisa Sexten
( at Sexten)
the audio is broken up when updating the tax year amounts for 2023
Anonymous
(CPA)
Good overview and update on tax law changes and implications.
Anonymous
()
This course was extremely informative and comprehensive.
Anonymous
()
Great job, thank you very much, I really appreciate it.
Anonymous
()
Good refresher on individual tax compliance. Thanks!
Anonymous
(Tax Analyst)
Good information for the upcoming tax year in 2023.
Fred Lamberson
( at City of LA)
Relevant information provided in a concise manner.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Andrew ClarkInstructor
About Illumeo
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- Phone: 408-400-3993
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- Av #221, Campbell, CA 95008
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