- NY Credits : 5.0
- TX Credits : 5.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 5.0
Corporate Tax Update
This course covers the latest in tax legislation, regulations, and rules as they affect corporations. A must-have, it includes new tax legislation covered by the Tax Cuts and Jobs Act of 2017. This course provides a general review of new developments in federal corporate taxation. This course is most appropriate for the professional with a background in corporate taxation who is interested in keeping current in this area.
Upon successful completion of this course, the user should be able to:
recognize corporate income tax, alternative minimum tax (AMT), and tax credits;
identify corporate taxation of distributions and capital gains;
recognize cost recovery as applicable for both tangible and intangible property; and
discuss updates to business deductions including fringe benefits and ordinary and necessary business expenses.