- NY Credits : 3.0
- TX Credits : 3.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 3.0
Advanced Topics for Consolidated Tax Returns
Upon successful completion of this course, the user should be able to:
compute consolidated taxable income taking into account consolidated eliminations, the tax liability of the group and estimated tax,
identify limitation on and carryback of losses as well as recognizing separate return limitation year rules, and
apply consolidated bases rules for the bases of stock of subsidiaries, basis adjustments and the calculation of earnings and profits dividends.