CFO Series: COVID-19 Losses - Going Backwards and Forwards Webinar

May 14
11:00 - 1:00 p.m.

Online

2-Tax
CPE Credits

The Tax Cuts and Jobs Act (TCJA) made turning business losses into tax refunds more difficult. The CARES Act suspended and modified many of those changes. This session will dig into the new rules for deducting business losses, address the new 5-year carryback, and discuss amended return and "quickie refunds."

Learning Objectives:
After attending this presentation you will be able to...

  • Apply new rules and regulations of the CARES Act
  • Apply the business loss deduction rules and reporting on Form 1139 and 1045
  • Discuss planning and potential pitfalls


Highlights
The major topics that will be covered in this class include:
  • Review recent legislation, including the Tax Cuts and Jobs Act and CARES Act
  • Deduction business losses
  • New rules for carrybacks and carryforwards
  • Form 1139 and Form 1045 for carryback reporting
  • Amended returns


Registration

PICPA Member: $79
Nonmember: $104

More Information

Course No. VTDVCCL2

Level: Intermediate

Prerequisites: Basic working knowledge of business taxation

Notes
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information.

Speaker(s)

Douglas VanDerAA

Federal Tax Workshops