Don Farmer's Corporate & Pass-Through Returns Forms-Self-Study

Overview

This intermediate-level course provides a focused review of federal income tax reporting for C corporations, S corporations, and partnerships. Participants will examine key reporting mechanics of Forms 1120, 1120-S, and 1065, including Schedule K-1 preparation, book-to-tax reconciliation, and entity-level versus owner-level reporting distinctions. Emphasis is placed on common compliance risks, basis considerations, and areas of frequent IRS scrutiny. The course is designed to strengthen accuracy and consistency in business entity return preparation and review.

Please note this event was originally recorded on 06/25/2026 and must be completed by 04/30/2027 for credit.

Highlights

Prerequisites

Working knowledge of federal income taxation and prior exposure to corporate or partnership tax return preparation.

Designed For

CPAs and tax professionals who prepare or review corporate (C and S) and partnership income tax returns and want a consise refresher on reporting mechanics and compliance considerations.

Objectives

• Identify key reporting components of Forms 1120, 1120-S, and 1065
• Differentiate entity-level and owner level reporting requirements
• Analyze Schedule K and Schedule K-1 reporting for common business transactions
• Reconcile book income to taxable income using Schedule M-1
• Recognize common compliance risks in corporate and pass-through return preparation

Preparation

None

Notice