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CPE Self-Study

Taxation of Corporations - Tax Staff Essentials

  • $119.00-$149.00
    Taxation of Corporations - Tax Staff Essentials Online Access Product #: 157683
    AICPA Member: $119.00
    Non-Member: $149.00

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.

Discount

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.

System Requirements

About the Authors

Brian R. Greenstein, Ph.D

Kennett Square, PA

Brian R. Greenstein, Ph.D., is an accounting professor at the Lerner College of Business and Economics at the University of Delaware. Previously he served as the Director of Graduate Tax Programs and Chair of the Department of Accounting and Taxation at Seton Hall University. Dr. Greenstein started his career with an international CPA firm and currently maintains an active consulting practice.

Dr. Greenstein has presented hundreds of live seminars on various tax and financial planning topics for State CPA societies, private accounting firms, and the Internal Revenue Service. He has also written numerous articles appearing in national publications such as the Journal of Taxation, The Tax Advisor, the CPA Journal, the Journal of Corporate Taxation, Taxes -- The Tax Magazine, Taxation for Lawyers, and the Review of Taxation of Individuals. His research has been quoted by the Supreme Court of the United States in Indopco v. Commissioner, and he actively contributes to the regulatory standard-setting process.



About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.