Product Image

Taxation of Corporations - Tax Staff Essentials

Author/Moderator: Brian Greenstein, PhD
Publisher: AICPA
Availability: Online Access
See Below To Add To Cart
View Online Catalog
Divider
Print This Page
Divider
Available Formats:  On-Demand | See All

Save when you buy the complete Tax Staff Essentials, Level 2 online bundle.

This comprehensive CPE course, developed by Sid Kess, is designed to guide practitioners through the numerous concepts and rules applicable to income tax accounting, tax return positions, and disclosures for C Corporations and S Corporations. 

Key Topics:

  • Formation of corporation and Section 1244 stock
  • Income: dividends, interest, rentals, capital gains
  • Salaries, employee benefits and retirement plans
  • Economic performance and other deductions
  • Net operating losses
  • Personal Service Corporations
  • Tax rates, AMT, and tax credits
  • Case studies for tax return preparation

Learning Objectives
This course will prepare you to:

  • Identify the benefits of forming a corporation
  • Apply the rules for transfer of assets and liabilities to a new corporation
  • Review the accounting methods available to a corporation
  • Understand reasonable compensation issues with respect to a Closely Held Business
  • Analyze the best retirement plan recommendation for a corporation
  • Recognize economic performance, including issues and deduction limitations related to bad debts, rent, tax, and interest expense
  • Determine the availability of tax credits and other entitlements related to retirement plans for a corporation
  • Understand the requirements for reporting Schedule M-3 (book/tax reconciliation for large corporations) and Schedule UTP (Uncertain Tax Positions)
  • Plan for tax efficient use of Corporation Net Operating Losses

Who Will Benefit?
Tax professionals in public accounting: seniors, supervisors, and managers

Prerequisite: Three to five years of tax experience

Advance Preparation: None.

Tax Section Members Receive Additional Savings! 

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the Tax Section.

NASBA Field of Study: Taxes
Level: Intermediate
Recommended CPE Credit: 6.5
Taxation of Corporations - Tax Staff Essentials
CPE On-Demand , 2016
Product# 157683
Availability: Online Access 1 Year
For registered users only
Regular:$149.00
AICPA Member:$119.00
Your Price:$149.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.