Webinar: Preparing C Corporation Tax Returns for New Staff and Paraprofessionals
WS135 | Course | Basic | Scheduled
Description
This course is a great foundation to introduce new preparers to tax rules related to business returns. The course provides new staff coverage of tax a
Credits
Number of Credits | Type of Credits |
---|---|
8.00 | Taxes |
Designed For
New staff and paraprofessionals involved in return preparation
Prerequisites
None
Highlights
- Preparation by hand of a reasonably complicated Form 1120 U.S. corporate income tax return from trial balance to completed return
- The importance of Schedule M-1, including many adjustments in reconciling book income to tax income, and items preparation staff may look for on all business returns. Learn to self-review
- New tax-planning strategies for depreciation deductions, including changes to ยง179 and first-year depreciation (Section 168(k)) as a result of recent tax legislation
- Methods of accounting -- Application and choices
- In-depth analysis of Form 4797 dealing with depreciation recapture
- Deductible expenses -- including rules on meals and entertainment
- Section 163(j)
- Computation of tax liability
- Overview of many common business deductions; which are deductible and which are M-1 items?
- How to practically handle uniform capitalization and inventory accounting for a small manufacturing concern
- And much more
Objectives
- Develop an understanding of basic preparation principles which affect all business entities
- Learn in detail about the preparation of a Form 1120, and Schedule M-1
- Understand the proper treatment of trial balance entries into Form 1120
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $279.00
- Non-Member (Early Bird)
- $279.00
- Member
- $279.00
- Non-Member
- $279.00