Designed for entry-level staff, AICPA Tax School: Tax Staff
Essentials—Week 1 covers key areas to ensure your tax force is well
prepared. The School will focus on the areas of Individual and S
Corporation tax compliance, effective online tax research techniques,
clear and precise work paper documentation, in addition to professional
written business communications.
Over the five days of training, attendees will be provided with a broad
range of practical tax instruction including key issues surrounding the
new cost and repair regulations, Medicare Payroll tax, Net Investment
Income Tax, S Corporation distributions, items affecting shareholder
basis, Passive Activity Loss rules, and more.
The AICPA Tax School: Tax Staff Essentials will establish a strong set
of core skills necessary for entry-level staff growth. This School
focuses on tax specialization covering these key topics:
• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Passive activities
• Net Investment Income Tax
• Medicare Payroll Tax
• S Corporation elections, terminations, and revocations
• S Corp distributions and shareholder basis adjustments
• S Corp allocations of profits and losses
• Capital Improvements and Repair
• Depreciation Methods and IRS tables
• Intangible Asset Amortization
• Tax Return support documentation
• Online Tax Research methodology
• Authorative Tax Hierarchy
• Business communications and business writing