Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Join
Corporate Income Tax Return Fundamentals 4171143D
Register View Registrations Tell a Friend About This EventTell a Friend
 

Preparing corporate income taxes requires a shift in mindset from individual tax preparation and compliance. Learn about the concepts and tools necessary to support clients or businesses, including capitalization, depreciation, carrybacks and other tax issues involving corporations and Form 1120 preparation. Also, understand a practical spreadsheet approach that allows practitioners to efficiently and effectively manage book vs. tax differences (M-1 or M-3 items).

 Export to Your Calendar 12/7/2017
When: 7:30 AM to 3:00 PM
Where: Webinar/Webcast
United States
Presenter: George Shewchuk, CPA
Contact: April Deneault
801-466-10680


Online registration is available until: 12/7/2017
« Go to Upcoming Event List  

Curriculums:   Business and Corporate Taxation,Young and Emerging Professionals,Financial Leadership Forum,Finance, Financial Management. and Controllership

NASBA Credit Category:  Taxes

CPE Hours:  8

Description

Preparing corporate income taxes requires a shift in mindset from individual tax preparation and compliance. Learn about the concepts and tools necessary to support clients or businesses, including capitalization, depreciation, carrybacks and other tax issues involving corporations and Form 1120 preparation. Also, understand a practical spreadsheet approach that allows practitioners to efficiently and effectively manage book vs. tax differences (M-1 or M-3 items). Plus, cover recent tax law changes and dive into a complex corporate return case study, including discussion of identifying book to tax differences as well as self-review tips.

Materials are provided as an ebook.



Major Subjects

  • Corporate structure
  • Form 1120 and Schedule M-1 or M-3
  • Items for book-tax differences
  • Tax accounting methods
  • Uniform capitalization rules
  • Depreciation: capitalization, gain, loss and recapture
  • Carrybacks, carryforwards and credit
  • AMT and ACE adjustments

Objectives

  • Identify substantive tax issues involving regular corporations.
  • Recognize and identify book to tax differences.
  • Recognize gains and losses, Form 4797 and Secs. 1231, 1239, 1245, 1250 and 291.
  • Determine a workpaper format and approach to efficiently prepare corporate Form 1120.
  • Identify major corporate tax forms, including Form 1120 and related schedules.
  • Outline necessary steps to complete a complex sample corporate Form 1120, including workpapers and schedules.

Level:  Beginning

Designed For

First- to third-year preparers as well as CPAs, tax preparers and attorneys who need a review of corporate returns, corporate tax law, issues or the presentation of Form 1120.

Advanced Prep:

None.

Prerequisite

None.

Membership Management Software Powered by YourMembership  ::  Legal