Instructor
Nick Preusch
Instructor
EXPERT INSTRUCTOR Nick Preusch, CPA, J.D., LL.M., MSA has a primary focus of performing tax services relating to emerging issues and complex tax transactions. He works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation.
Nick started his career with the Internal Revenue Service (IRS)as a revenue agent, and then as an attorney at the IRS National Office in Washington, D.C., where he was the lead attorney for several significant tax ethics cases.
Nick co-authored Tax Preparer Penalties and Circular 230Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA’s Tax Advisor and Journal o Accountancy along with CCH’s Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA’s Top 5Under 35. In 2018, he was named to CPA Practice Advisor’s Top40 Under 40. In 2018, he was part of the AICPA’s New Face ofTax ad campaign. Nick has been a member of the AICPA’s Tax Practice Responsibilities Committee, Tax Executive Committee and Professional Ethics Executive Committee.
Tax legislation has never been a one-size-fits-all affair — and the latest sweeping bill is no exception. In this engaging and timely webinar, we’ll dissect the major provisions of the latest tax legislation and explore how they will impact individuals, businesses and practitioners alike. With new credits, phaseouts, thresholds and compliance mechanisms, it’s more important than ever for CPAs to understand the full picture.
We’ll walk through the bill’s headline-grabbing components as well as the less-publicized but equally critical changes that could catch clients off guard. From expanded green energy incentives to new reporting requirements, you’ll leave with a working knowledge of both planning opportunities and compliance traps. We’ll also discuss practical implementation timelines and how practitioners can proactively communicate these changes to clients.
Whether you're advising a high-net-worth individual, a closely held business or a large enterprise, this webinar will equip you with the essential tools to translate complex legislation into actionable guidance. Expect clarity, relevance and plenty of real-world application examples that you can immediately use in your practice.
OBJECTIVES This course is designed to:
1. Identify and summarize the key provisions in the latest comprehensive tax bill and their potential impacts.
2. Apply new tax credits and deductions to relevant client scenarios, including energy incentives and expanded child tax provisions.
3. Evaluate changes to compliance requirements, such as reporting thresholds, filing deadlines and preparer responsibilities.
4. Interpret transitional guidance and implementation timelines to effectively plan for client engagement and tax strategies.
5. Develop proactive communication strategies to educate and prepare clients for the new legislative landscape.
The major topics covered in this course would include:
• Federal Tax Legislation Updates
• Tax Credits and Incentives
• Phaseouts and Threshold Adjustments
• Compliance and Reporting Requirements
• Tax Planning Strategies
• Client Communication and Implementation
• Special Considerations for Specific Taxpayer Groups
• Real-World Applications and Case Studies
EXPERT INSTRUCTOR Nick Preusch, CPA, J.D., LL.M., MSA has a primary focus of performing tax services relating to emerging issues and complex tax transactions. He works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation.
Nick started his career with the Internal Revenue Service (IRS)as a revenue agent, and then as an attorney at the IRS National Office in Washington, D.C., where he was the lead attorney for several significant tax ethics cases.
Nick co-authored Tax Preparer Penalties and Circular 230Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA’s Tax Advisor and Journal o Accountancy along with CCH’s Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA’s Top 5Under 35. In 2018, he was named to CPA Practice Advisor’s Top40 Under 40. In 2018, he was part of the AICPA’s New Face ofTax ad campaign. Nick has been a member of the AICPA’s Tax Practice Responsibilities Committee, Tax Executive Committee and Professional Ethics Executive Committee.
