Business Tax In-Depth - VIRTUAL
16.00 Credits
Member Price $410
Non-Member Price $460
Overview
Congress and the IRS never cease modifications to what we know of the formation and operation of C corporations, LLC’s, and S corporations. TaxSpeaker® is here to minimize friction in your practice to implement these changes and keep moving forward without a hitch! During the Business Tax in Depth course, attendees receive in-depth coverage of corporate tax issues in 2024, plus a detailed analysis of which entity best fits each taxpayer and corporate formation issues. We include coverage of all 2024 Tax Changes up through the date of presentation!
Each type of entity is given special attention with its own chapter. The LLC chapter provides guidance on the latest partnership changes, compliance and reporting issues. The C corporation chapter offers instruction on operating issues and penalty taxes, and the S corporation chapter examines formation, elections, terminations and basis, plus reasonable compensation and fringe benefits, built in gains and shareholder changes. Each of the sections is fully and continually updated to reflect legislative and IRS changes, complete with dozens of examples.
Prerequisites
None
Designed For
CPAs working in accounting and audting
Objectives
Upon completion of this course, practitioners will be able to explain the latest business tax law changes to clients and inform them of the various characteristics and implications of the S or C corporation form of business entity and summarize the various tax reporting and compliance requirements. The student will also gain competence to determine the appropriate treatment for various business expenses under different accounting methods. Students are also trained to discern if a corporation qualifies to file the election for S status.
Preparation
None
Leader(s):
Leader Bios
Larry Pon, TaxSpeaker
Larry Pon, CPA, PFS, CFP, EA, is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner, Enrolled Agent, United States Tax Court Practitioner, and Accredited Estate Planner in Redwood Shores, CA.
He has been in practice since 1986 providing comprehensive tax and financial planning, tax preparation and representation. He speaks regularly nationwide on tax planning and financial planning topics to tax professionals and financial advisors.
He is teaching Accounting 181 (Individual Income Tax with Tax Software) at the College of San Mateo. He has been a long-time member of the AICPA, NAEA, CalCPA, CSEA, among many professional organizations. He received his BS in Business Administration with emphases in Accounting and Finance from the University of California, Berkeley and MS in Taxation from Golden Gate University in San Francisco. He volunteers as a Money Doctor for 360 Degrees of Financial Literacy.
Terry Bakker, TaxSpeaker
Terry O’Leary Bakker CPA, EA, LTC 67985-C is the owner of O’Leary’s Tax Service, Ltd. in downtown Vancouver, Washington, across the river from Portland, Oregon. Terry graduated with her BS in Business Administration: Accounting from Portland State University in 1988 and has worked in tax ever since. Terry is an Enrolled Agent and a CPA licensed in Washington and Oregon. In addition to running an active tax practice serving the needs of individuals and small business, Terry has a commitment to the profession. She is a Past President of the Oregon Association of Independent Accountants, as well as holding other positions, including head of the Education Committee. As part of her commitment, she teaches the Enrolled Agents Preparation course for her Association and has spoken for all of the tax preparation associations in Oregon.
Non-Member Price $460
Member Price $410