Corporate Income Tax Accounting

Accountants who understand the complexities of the new tax law and its impact on business will be in high demand in this competitive field. In this introductory corporate tax course we will discuss significant changes to tax law resulting from the Tax Cuts and Jobs Act of 2017, as well as critical federal income tax topics such as incorporation, corporate capital structure, dividends and redemptions, liquidations, and the transfer ability of tax attributes. Also covered are the fundamental legal concepts, statutory provisions, and computational procedures of taxable income and deductions, passive activities, property transactions, deferred compensation, and taxation factors relevant to business decisions. Finally, the S Corporation is explored as an alternative to the regular corporation and other modes of operation.

Prerequisites :

No prerequisites