DESIGNED FOR
CPAs in public practice and members in industry seeking an update on the latest tax developments impacting business taxpayers.
BENEFITS
After attending this presentation you will be able to...
- Identify and discuss the latest legislative and tax developments, rules and regulations impacting business taxpayers
- Apply useful strategies to assist in the tax return preparation process, including tax planning tips with practical solutions
HIGHLIGHTS
The major topics covered in this class include:
- NEW 2021 tax legislation and developments impacting business taxpayers, including any COVID-19 related developments
- Depreciation and capitalization review and update
- 2021 corporate tax rate
- Excess business losses
- Section 199A review and update
- Business meals, entertainment and travel expense reporting
- Key rulings, regulations and cases impacting business taxpayers
- Does not include coverage of business tax legislation based on Biden's tax proposals. We will have a new course for the tax act when the legislation is passed.
COURSE LEVEL
Intermediate
PREREQUISITES
Basic working knowledge of business taxation.
ADVANCE PREPARATION
None