In this quarterly tax update, Chis Province, CPA, focuses on items that are important to practitioners. It goes into individual tax concerns and draft tax forms- what they are doing in regards to the expansion of some of the schedules that attach to 1040, schedule 1, the additional income items, and the adjustments to income.  It will cover the advance child tax credit that started in July, and options to opt out. This course also focuses on business tax updates including FAQs involving paid sick leave, a court case that involving reasonable compensation, updates with electronic filing, and IRS website updates for processes for power of attorneys and getting copies of transcripts.