An overview of the latest tax developments affecting corporations and pass-through entities
The world of business taxation is ever-changing. This engaging course delves into the most salient tax matters affecting businesses. All-new course materials focus the discussion on tax updates from the past year.
A concise list of the most important court rulings and IRS publications
All-new content includes information issued in the past year: Noteworthy court cases and IRS revenue rulings Notices FAQs Private letter rulings Chief counsel advice memoranda
The course also focuses heavily on interpreting important proposed and final regulations affecting businesses.
Course materials provide in-depth analyses that practitioners can apply when serving their clients.
Topics include:
Inflation adjustments Bonus depreciation limits Research and experimentation expenditures Pass-through losses Inadvertent S election terminations
Learning Objectives
- Recognize the limitations for various tax credits, fringe benefits, and other items of income.
- Identify new and expiring business tax credits.
- Recognize the impact of recent court decisions on tax matters.
- Recognize new final and proposed regulations that pertain to pass-through and corporate entities.
Major Topics
- Strategies for tax savings
- Business entity changes
- IRS administrative issues, compliance and new forms
- Court cases settled in the last year that provide tax return guidance
- Position authority
- IRS rulings, procedures and notices for the last year
- New, updated and expiring tax deductions and credits
