Overview
This course addresses the most recent legislative developments impacting business taxpayers, with a focus on important provisions, rules and concepts to apply when preparing client returns.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Prerequisites
Basic working knowledge of business taxation
Objectives
- Identify and understand the latest developments, rules and regulations affecting business taxpayers
- Define and discuss planning tools and potential pitfalls
Highlights
- Update on significant business tax developments related to cases and rulings
- Business provisions of any recent legislation impacting business entities
- Depreciation changes in Sec. 179 and Sec. 168(k) bonus depreciation
- Recent developments impacting partnership and S corporations, including any changes to Forms 1065 and 1120S
