- NY Credits : 12.0
- TX Credits : 12.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 12.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 12.0
49 Tax-Cutting Moves for Small Businesses and Their Owners in Uncertain Times covers some of the best tax-reduction strategies available to small business entities and their owners. Included are strategies for sole proprietorships, husband-wife businesses, partnerships, LLCs, LLPs, and corporations. Strategies are explained in plain English with plenty of examples. This course has been updated to cover relevant COVID-19 federal tax relief measures, the SECURE Act, and the continuing impact of the Tax Cuts and Jobs Act (TCJA). This course will help you find more ways to save taxes for your small business clients and help you to implement the necessary tax-planning steps. This course is most beneficial to CPAs new to federal taxation of small business entities and their owners. These professionals are often at the staff or entry level in an organization, although this course may also benefit a seasoned professional with limited exposure to federal taxation of small business entities and their owners.
Upon successful completion of this course, the user should be able to:
identify tax saving ideas for sole proprietors and husband-wife businesses,
recognize tax-smart strategies for partnerships, LLCs, and LLPs,
determine tax-smart strategies for C and S corporations,
identify tax-smart strategies for investment real estate owners,
identify tax-saving strategies for divorcing small business owners, and
recognize other tax-smart strategies for small businesses and their owners.