Don Farmer's Advanced Schedule A Planning: SALT Caps, AMT & Bunching Strategies (2 hours - late morning) - Webcast
Overview
This course provides an advanced analysis of Schedule A planning strategies in a post-TCJA environment. Participants will examine the SALT deduction limitation, alternative minimum tax (AMT) interactions, charitable contribution timing, and medical expense planning. Through real-world examples, the course emphasizes how to optimize itemized deductions using bunching strategies, state tax workaround considerations, and timing techniques for high-income taxpayers.
Highlights
- Schedule A planning considerations under current federal tax law
- SALT deduction limitation; application of the SALT cap
- Alternative minimum tax (AMT) implications
- Charitable contribution planning including timing and bunching strategies
- Medical expense deduction planning including threshold requirements
- Itemized deductions versus the standard deduction
- Compliance considerations and common pitfalls I advanced Schedule A planning
Designed For
CPAs and tax professionals
Objectives
- Analyze the impact of the SAL cap and identify planning opportunities to mitigate its effect
- Evaluate AMT exposure when implementing Schedule A strategies
- Apply bunching strategies for charitable contributions and medical expenses
- Distinguish when itemizing versus taking the standard deduction produces optimal tax results
- Identify common pitfalls and compliance risks in advanced Schedule A planning
Leader(s):
Leader Bios
Nicholas Preusch, Don Farmer Tax Education
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 230 Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA's Tax Advisor and Journal of Accountancy along with CCH's Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA's Top 5 Under 35. In 2018, he was named to CPA Practice Advisor's Top 40 Under 40. In 2018, he was part of the AICPA's New Face of Tax ad campaign. Nick has been a member of the AICPA's Tax Practice Responsibilities Committee, Tax Executive Committee and Professional Ethics Executive Committee.
(4/15/26)
Non-Member Price $109.00
Member Price $89.00