Tuesday, July 22 | 10:30 a.m. - 12:10 p.m. | Concurrent Session
Unlocking Year-Round Value from Form 1040
2 CPE for AFSP, EA, CFP®, CPA, CRTP
Too often, Form 1040 is viewed solely as a compliance document. This session flips that perspective and reveals how tax professionals can transform the 1040 into a roadmap for impactful, year-round tax planning. By exploring this core schedule, you’ll learn to uncover hidden planning opportunities, guide strategic client decisions and elevate your role from tax preparer to trusted advisor.
Through real-world scenarios, you'll discover how to use tax return data to initiate proactive conversations, design value-added services and build longer-lasting client relationships. Whether you're helping W-2 earners or business owners, this session will equip you with planning strategies and communication tools to maximize the value of every 1040 you touch.
This course is designed for CPAs, EAs and tax professionals looking to deepen their planning skills and expand advisory offerings through smarter analysis of the individual tax return.
Objectives
Upon completion of this session, you will be able to:
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Reframe Form 1040 as a proactive financial planning tool by identifying key areas where compliance intersects with strategy
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Analyze core schedules (A, C, D and E) to uncover planning opportunities related to deductions, retirement savings, income characterization and loss utilization
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Apply real-world tax strategies based on insights from the return, such as gain harvesting, entity selection and passive activity optimization
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Implement year-round engagement strategies using return data to guide estimated payments, retirement planning and service packaging
CPE information
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic understanding of individual income tax
Advanced preparation: None
Delivery method: Group Live
Executive Officer & Co-Founder of Integrated Financial Group