(Updated for the Tax Cuts and Jobs Act) 8-Hour Program (Great industry course)
WHY ATTEND THIS COURSE?
Corporate income tax rates are now to a much lower 21% rate, making a C corporation an entity type that deserves renewed consideration even for closely held entities. Mergers, acquisitions, and reorganizations made simple. Understand the law governing corporate formations, distributions of property, redemptions, liquidations, reorganizations, carryover of net operating losses, and other corporate tax attributes. Understand the real balance of “Earnings and Profits” and why that number might be important. Low tax rates on the first $75,000 of income and the possibility of increased rates of income tax on individuals make the C corporation a reasonable alternative to S corporation status.
CPAs who deal with planning and compliance for a regular corporation’s complex tax issues. May also be suitable for public practice.
Participants will be able to:
COURSE ACRONYM: CCA
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Advanced
ADVANCE PREPARATION: None
FIELD OF STUDY Taxes & Corporate Income Taxation
RECOMMENDED CPE CREDIT: 8 hours
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.