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, including regulatory updates related to H.R. 1, commonly referred to as OBBBA.
- Latest tax legislation, court rulings, and IRS pronouncements related to corporations and pass-through entities
- Practical tips for return preparation
- Latest developments for businesses
- Unique insights into new planning strategies
- Latest developments on accounting methods and foreign tax issues 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 of 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
- IRS rulings, procedures, and notices for the last year
- New, updated, and expiring tax deductions and credits
