Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)
8.00 Credits
Member Price $300
Non-Member Price $400
Overview
With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on business income tax issues with an emphasis of newly enacted income tax legislation. This comprehensive class will not only review the current Federal business income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal business income tax filing season.
**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
Highlights
- Discuss the most recent business income tax legislation passed to date
- Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, §461(l) business loss limitations, §163(j) business interest deduction limitations, accounting method changes, depreciation, fringe benefits and entertainment expenses
- Brush up on issues related to compensation, distributions, liquidations, self-employment taxes and retirement plan
- Look at any changes to the Forms 1120, 1120S, and 1065 and other related schedules and forms
Prerequisites
Background in business and individual income tax law
Designed For
Tax accountants in public or private practice in need of power-packed one-day Federal business entity update course. This is a great course to gear up for tax season
Objectives
- Understand the major Federal income tax laws impacting C & S corporations, partnerships, LLCs, LLPs and their owners
- Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting business income tax returns
Preparation
None
Leader(s):
Leader Bios
J. Patrick Garverick, Co-Owner, Phoenix Beach, LLC
Pat Garverick, CPA, MT, CFP®, began his career in public accounting in 1988 after obtaining his Bachelor of Science in Business Administration (BSBA) in Accounting from The Ohio State University. After receiving his Master of Taxation (MT) degree from Arizona State University in 1992, Garverick began operating his own tax and financial planning business. He also started writing, reviewing and teaching tax and financial planning continuing professional education courses around the country.
In addition to being a CPA, Garverick is also a Certified Financial Planner (CFP®). This role serves to enhance the knowledge he brings as he writes and presents continuing education material. Garverick is a member of the Arizona Society of Certified Public Accountants and the American Institute of Certified Public Accountants. He has presented continuing education sessions throughout the country and has won awards for both his skills as an instructor as well as for the content he has created. His knowledge, expertise and high energy have made him one of the profession’s most highly rated speakers.
Non-Member Price $400
Member Price $300