Technical Business Practice Issues and Tax Forms for Experienced Practitioners Webinar

Don’t let the title frighten you. It is critical that staff be trained on the increasingly complex forms-related issues that challenge them each busy season. This course will help experienced staff avoid costly mistakes by addressing advanced preparation issues when dealing with flow-through entities such as S corporations, LLCs, and partnerships.
Highlights

• Advanced technical practice and reporting issues for business entities
• Individuals are NOT the only victims of Identity Theft
• Marijuana industry may expect increased tax compliance efforts
• New Form 1065 steps for reporting capital
• New partnership reporting for property contributions
• Late filing penalties and small partnership relief
• What is terminating S corporations today?
• “Substance over Form” argument of shareholder loans
• Advanced study of “At-Risk” loans
• Employer W-2 correction requests
• To Deduct or Not to Deduct -- When a taxpayer receives a PPP loan
• White House 2021 Budget Points
• On-Demand Payroll issues and other off-the-beaten-path business practice issues
• Reporting eligible §1231 gains from Qualified Opportunity Zone Business Property 
• Don't get caught watching the paint dry -- What is hot and new
• What is terminating S corporations today?
• Special allocation issues of §704
• Final regulations for allocating depreciation recapture to partners and members of LLCs