Annual Tax Update: Corporations and Pass-Through Entities

• Up-to-date changes to federal tax statutes, regulations, cases, and rulings for pass-through entities and C corporations
• Passive loss, at-risk, and basis developments
• The latest on reasonable compensation issues for corporate shareholder/employees and the latest about self-employment issues for partners and LLC members
• New developments in the capitalization versus expense debate
• Property transactions: Depreciation and amortization, gains and losses
• Planning for the use of nontaxable transactions to defer tax liability
• Accounting methods and periods
• Compensation issues: Fringe benefits, pensions, and profit-sharing plans
• Practical, time-saving return preparation tips from leading tax practitioners
• Late-breaking tax legislation