Pass-Through and Corporate Annual Tax Update
- 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
