Business Tax In Depth
seminarRegistration Information:
Sponsor: Virginia Society of Tax & Accounting Professionals
Phone: 800-927-2731
Website: https://virginia-accountants.org/jennings
Product Description
The Tax Cuts bill changed everything we know about the formation and operation of C corporations, LLC’s and S corporations. With in-depth coverage of LLC, S and C corporate tax issues the 2020 in-depth course will also include detailed analyses of the choice of entity that best fits the taxpayer, and corporate formation issues. The LLC chapter will provide guidance on the new partnership audit regulations; the C corporation chapter will discuss the new tax rate and penalty taxes; and the S corporation chapter will examine the 20% flow through deduction, plus the impact of the new tax law on built in gains and the interaction of wages vs. the flow through deduction. Combining the 3 focus areas of C corporations, S corporations and LLC taxation with these two special topics will make this one of the most relevant courses a participant will take in 2020.
Every chapter has been updated for the business effects of the end-of-2019 Secure Act, both March 2020 tax bills, and Both PPP and PPPFA Bills, with in-depth discussion and examples of those changes! 2020 changes are all coming together with 5 different bills into a massive year of tax changes.
In response to your requests, our S Corporation chapter has been expanded with a new completed 2019 Form 1120S case study, discussion of Passive income and Built in Gains and analyses of this year’s court cases. The C Corporation chapter has also been updated reflecting all of the new NOL changes. The Business interest chapter now includes the brand new law changes and the LLC chapter-wow, the biggest year of changes for LLC’s since 1986.
All attendees receive the hyperlinked PDF E-Book.
Attendee Requirements
Call society/sponsor for location and hotel information as needed.
All policies and registration and fees are established by society/sponsor.
Dress warmly in layers as the room may be cool.
Location Details
Address(es):
DoubleTree by Hilton Hotel Williamsburg
50 Kingsmill Rd
Williamsburg, VA 23185
Prerequisites
2-4 years tax preparation experience.Field of Study
Taxes-8.00Update-8.00
Hours
16NASBA Categories
Taxes, UpdateCourse Level
IntermediateCourse 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.
Speaker Details
Disclaimer
All policies and registration and fees are established by society/sponsor.