Preparing corporate income taxes requires a shift in mindset from individual tax preparation and compliance. Learn about the concepts and tools necessary to support clients or businesses.
This course will review topics that cover capitalization, depreciation, carrybacks and major book to tax issues involving corporations and Form 1120 preparation. Attendees will learn about practical spreadsheet approaches that allow practitioners to efficiently and effectively manage book vs. tax differences (M-1 or M-3 items). Cover the impact of new tax law changes with some ideas to discuss with clients. Additionally, dive into a complex corporate return case study, including discussion of identifying book to tax differences as well as self-review tips.
PICPA Member: $245
Nonmember: $345
Course No. 4191143D
Level: Basic
Prerequisites: None.