Pass-Through and Corporate Annual Tax Update

Overview

An overview of the latest tax developments affecting corporations and pass-through entities

The world of business taxation is ever-changing. This engaging course delves into the most salient tax matters affecting businesses. All-new course materials focus the discussion on tax updates from the past year, including regulatory updates related to H.R. 1, commonly referred to as OBBBA.

Latest tax legislation, court rulings, and IRS pronouncements related to corporations and pass-through entities

Practical tips for return preparation

Latest developments for businesses

Unique insights into new planning strategies

Latest developments on accounting methods and foreign tax issues

The course also focuses heavily on interpreting important proposed and final regulations affecting businesses.

Course materials provide in-depth analyses that practitioners can apply when serving their clients.

Topics include:

Inflation adjustments
Bonus depreciation limits
Research and experimentation expenditures
Pass-through losses
Inadvertent S election terminations

Highlights

Strategies for tax savings

Business entity changes

IRS administrative issues, compliance, and new forms

Court cases settled in the last year that provide tax return guidance

IRS rulings, procedures, and notices for the last year

New, updated, and expiring tax deductions and credits

Prerequisites

Basic knowledge of federal income taxation

Designed For

Public accounting senior associates, managers, and partners

Tax professionals in company finance or tax departments

Objectives

Recognize the limitations of various tax credits, fringe benefits, and other items of income.
Identify new and expiring business tax credits.
Recognize the impact of recent court decisions on tax matters.
Recognize new final and proposed regulations that pertain to pass-through and corporate entities.