This program focuses on key federal tax issues affecting businesses from the internal accountant's point of view, with a focus on the recent legislative rulings and developments. Planning alternatives and potential risks associated with those strategies will also be discussed.
DESIGNED FOR
Practitioners and members in industry working for closely-held, for profit entities.
BENEFITS
After attending this presentation you will be able to...
- Distinguish the latest tax developments impacting business and industry.
- Identify rules and regulations impacting business and industry.
HIGHLIGHTS
The major topics that will be covered in this course include:
- Recent federal tax legislative, judicial and IRS developments
- Section 199A review and update
- New corporate tax rate
- Capitalizing, expensing and depreciating assets
- Travel, meals and entertainment reporting rules
- Accounting methods
- Independent contractor vs. employee
COURSE LEVEL
Intermediate
PREREQUISITES
Basic working knowledge of business taxation.
ADVANCE PREPARATION
None