- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
This course presents an in-depth review of the dividends-received deduction and tax treatment for net operating losses. This intermediate level course is most appropriate for the professional with detailed knowledge in C corporation taxation or the professional seeking to expand his or her knowledge base and may be at a mid-level position within an organization with operational or supervisory responsibilities, or both. This course is updated to reflect the expiration of certain provisions from the Coronavirus Aid, Relief, and Economic Security Act (CARES), specifically with regards to the tax treatment for net operating losses. With the exception of farming losses and losses recognized by certain insurance companies, net operating losses arising in tax years beginning after December 31, 2020, can no longer be carried back and may be carried forward indefinitely.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
calculate the dividends-received deduction, and
recognize the tax treatment for net operating losses.