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Title : Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Presented By : J. Patrick Garverick

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on business income tax issues. This comprehensive class will not only review the current Federal business income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal business income tax filing season.

Field(s) of Study: Taxes

NASBA Approved

Intermediate Level

8.0 Hrs

Enroll
  • More Info

    Learning Objectives

    Once participants have completed this session, they should be able to:

    Understand the major Federal income tax laws impacting C & S corporations, partnerships, LLCs, LLPs and their owners 

    Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting business income tax returns


    Level

    Intermediate

    Prerequisites

    None

    Advanced Preparation

    None

    Marketing Info

    This session is a comprehensive review of the Federal business income tax provisions and tax forms/schedules that will affect the 2020 tax returns and 2021 tax projections with an emphasis on newly enacted tax legislation, court cases, and IRS guidance.  Each participant will receive a comprehensive business income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, as well as Pat Garverick’s Quick Reference Chart.  Topics include but are not limited to:  

    • Discuss the SECURE & CARES Act business income tax provisions 

    • Review the business income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the new lower corporate income tax rates and AMT repeal; 20% qualified business income (QBI) deduction; changes to NOLs, business loss limitations, interest deduction, accounting method changes, fringe benefits and entertainment expenses 

    • Look at any changes to the Forms 1120, 1120S, and 1065 and other related schedules and forms

    • Recent changes to depreciation and §179 expense

    • Issues related to compensation, distributions, liquidations, self-employment taxes and retirement plans

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Title : Federal Tax Update – Individuals (Form 1040)

Presented By : J. Patrick Garverick

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues. This comprehensive class will not only review the current Federal individual income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal individual income tax filing season.

Field(s) of Study: Taxes

NASBA Approved

Intermediate Level

8.0 Hrs

Enroll
  • More Info

    Learning Objectives

    Once participants have completed this session, they should be able to:

    • Understand the major Federal income tax laws impacting individuals 

    • Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting individual income tax returns 

    Level

    Intermediate

    Prerequisites

    None

    Advanced Preparation

    None

    Marketing Info

    This session is a comprehensive review of the Federal individual income tax provisions and tax forms/schedules that will affect the 2020 tax returns and 2021 tax projections with an emphasis on newly enacted tax legislation, court cases, and IRS guidance.  Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick’s Quick Reference Chart.  Topics include but are not limited to:  

    • Discuss the SECURE & CARES Act individual income tax provisions 

    • Review the individual income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the 20% qualified business income (QBI) deduction; changes to the income tax rates, kiddie tax computation, AMT, personal exemptions, itemized deductions, child tax credit, NOLs, business loss limitations, interest deduction, accounting method changes and income exclusions  

    • Look at any changes to the Form 1040 and other related schedules and forms 

    • Cover issues related to the various taxes (i.e. income, capital gain, self-employment and alternative minimum tax (AMT))

    • Review changes to depreciation, itemized deductions, adjustments to income, passive activities and tax credits

Show less keyboard_arrow_up

Title : Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Presented By : J. Patrick Garverick

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on business income tax issues. This comprehensive class will not only review the current Federal business income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal business income tax filing season.

Field(s) of Study: Taxes

NASBA Approved

Intermediate Level

8.0 Hrs

Enroll
  • More Info

    Learning Objectives

    Once participants have completed this session, they should be able to:

    Understand the major Federal income tax laws impacting C & S corporations, partnerships, LLCs, LLPs and their owners 

    Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting business income tax returns


    Level

    Intermediate

    Prerequisites

    None

    Advanced Preparation

    None

    Marketing Info

    This session is a comprehensive review of the Federal business income tax provisions and tax forms/schedules that will affect the 2020 tax returns and 2021 tax projections with an emphasis on newly enacted tax legislation, court cases, and IRS guidance.  Each participant will receive a comprehensive business income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, as well as Pat Garverick’s Quick Reference Chart.  Topics include but are not limited to:  

    • Discuss the SECURE & CARES Act business income tax provisions 

    • Review the business income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the new lower corporate income tax rates and AMT repeal; 20% qualified business income (QBI) deduction; changes to NOLs, business loss limitations, interest deduction, accounting method changes, fringe benefits and entertainment expenses 

    • Look at any changes to the Forms 1120, 1120S, and 1065 and other related schedules and forms

    • Recent changes to depreciation and §179 expense

    • Issues related to compensation, distributions, liquidations, self-employment taxes and retirement plans

Show less keyboard_arrow_up

Title : Federal Tax Update – Individuals (Form 1040)

Presented By : J. Patrick Garverick

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues. This comprehensive class will not only review the current Federal individual income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. This is a “must-attend” course for all tax practitioners who want to be up to speed quickly and have a successful Federal individual income tax filing season.

Field(s) of Study: Taxes

NASBA Approved

Intermediate Level

8.0 Hrs

Enroll
  • More Info

    Learning Objectives

    Once participants have completed this session, they should be able to:

    • Understand the major Federal income tax laws impacting individuals 

    • Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting individual income tax returns 

    Level

    Intermediate

    Prerequisites

    None

    Advanced Preparation

    None

    Marketing Info

    This session is a comprehensive review of the Federal individual income tax provisions and tax forms/schedules that will affect the 2020 tax returns and 2021 tax projections with an emphasis on newly enacted tax legislation, court cases, and IRS guidance.  Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick’s Quick Reference Chart.  Topics include but are not limited to:  

    • Discuss the SECURE & CARES Act individual income tax provisions 

    • Review the individual income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to the 20% qualified business income (QBI) deduction; changes to the income tax rates, kiddie tax computation, AMT, personal exemptions, itemized deductions, child tax credit, NOLs, business loss limitations, interest deduction, accounting method changes and income exclusions  

    • Look at any changes to the Form 1040 and other related schedules and forms 

    • Cover issues related to the various taxes (i.e. income, capital gain, self-employment and alternative minimum tax (AMT))

    • Review changes to depreciation, itemized deductions, adjustments to income, passive activities and tax credits

Show less keyboard_arrow_up