AICPA’s Annual Tax Update: Corporations and Pass-Through Entities (111127A-13)
Description
Be prepared before the tax season starts! Find out about the latest
federal tax law changes, court decisions and IRS pronouncements related
to partnerships, LLCs, and C and S Corporations. Our discussion leaders
will identify ways to integrate the latest tax law changes into planning
and compliance engagements and help provide more value-added services to
your clients. With the ever-changing tax laws and their increased
complexity, you can’t afford to miss this course!
Learning Objectives
Identify
and comply with new tax changes during the upcoming tax season
Utilize
latest planning ideas resulting from recent changes to tax statutes,
regulations, cases and rulings
Major Topics
Latest changes to federal tax statutes, regulations, cases and rulings
for pass-through entities and C Corporations
Passive loss, At-Risk and
basis developments for flow-through entities
The latest on reasonable
compensation issues for corporate shareholder/employees and the latest
about self-employment issues for partners and LLC members
New
developments in the capitalization versus expense debate
Property
transactions: depreciation and amortization, gains and losses
Planning
for the use of nontaxable transactions to defer tax liability
Accounting methods and periods
Compensation issues: fringe benefits,
pensions and profit-sharing plans
Practical, time-saving return
preparation tips from leading tax practitioners
Late-breaking tax
legislation
Course Level
Update
CPE Field of Study
Taxes
8
Prerequisites
Familiarity with federal tax issues for various entities
