Congress and the IRS never cease modifications to what we know of the formation and operation of C corporations, LLCs, and S corporations. TaxSpeaker® is here to minimize friction in your practice to implement these changes and keep moving forward without a hitch! During the Business Tax in Depth course, attendees receive in-depth coverage of corporate tax issues in 2023, plus a detailed analysis of which entity best fits each taxpayer and corporate formation issues. We include coverage of all 2023 Tax Changes up through the date of presentation! Each type of entity is given special attention with its own chapter. The LLC chapter provides guidance on the latest partnership changes, compliance and reporting issues. The C corporation chapter offers instruction on operating issues and penalty taxes, and the S corporation chapter examines formation, elections, terminations and basis, plus reasonable compensation and fringe benefits, built in gains and shareholder changes. Each of the sections is fully and continually updated to reflect legislative and IRS changes, complete with dozens of examples.
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.
We are offering this class as both and in person and virtual event. TaxSpeaker will be providing all the equipment to bring the seminar to you at your home or office! Please select the correct registration of either in person or virtual when registering.
- Prerequisites: 2- 4 years tax preparation experience
- Hours: 16
- Field of Study: Taxes - 11 , Update - 5
- Course Level: Intermediate
- IRS Number (In Person): Update - DBWVH-U-00137-23-I Fed Taxes - DBWVH-T-00138-23-I
- IRS Number (Webinar): Update - DBWVH-U-00139-23-O Fed Taxes - DBWVH-T-00140-23-O
Early Registration Deadline: September 9, 2023
Crowne Plaza Minneapolis West
3131 Campus Drive
Plymouth, MN 55441
Room Rate: $129/night
Booking Link: MN Association of Public Accountants