- NY Credits : 4.0
- TX Credits : 4.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 4.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax Update - 4.0
Tax Cuts and Jobs Act Concerns for C Corporations
The Tax Cuts and Jobs Act (An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018) was signed into law by President Trump on Dec. 22, 2017. This legislation is the most sweeping tax reform measure in more than 30 years. This course provides a general overview of the C corporation provisions from a broad perspective and is appropriate for the professional at any organizational level. Since this is a brief overview, please refer to the Thomson Reuters Checkpoint Complete Analysis of the Tax Cuts and Jobs Act for more details on this subject.
Upon successful completion of this course, the user should be able to:
recognize changes to income tax, AMT, and other items by the Tax Cuts and Jobs Act,
recognize the tax accounting changes implemented by the Tax Cuts and Jobs Act,
identify the deduction changes enacted by the Tax Cuts and Jobs,
recognize the modified like-kind exchange provisions of the Tax Cuts and Jobs Act, and
identify the credit provisions enacted by the Tax Cuts and Jobs Act.