- NY Credits : 10.0
- TX Credits : 10.0
- CTEC Credits : Federal Tax Law Update - 10.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 10.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 10.0
This course is a general refresher in Federal taxation of businesses. It is designed to reinforce basic tax law interpretations while keeping practitioners up to date on the latest and most important changes, including the Tax Cuts and Jobs Act of 2017.
Course Expiration Date: November 30, 2019
Distinguish among the basic forms of business organizations.
Describe the tax rules governing accounting for inventories.
Distinguish between ordinary and necessary business expenses and capital expenses.
Determine when and how to claim deductions for business rent, interest, taxes, charitable contributions, and other payments.
Discuss depreciation rules and the related available deductions.
Apply the requirements for business tax credits.
Identify the different types of corporate reorganization.
Determine the tax treatment of contributions to a partnership.
Forms of Business Organization
Depreciation and Amortization
Business Tax Credits
Taxation of C Corporations