This course focuses on the key federal tax issues affecting business from the internal accountant's point of view, with a focus on the major ramifications of the TCJA and other recent tax legislation and developments. Planning alternatives and the potential risks associated with those strategies will also be discussed.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
DESIGNED FOR
Financial personnel working for closely-held, for-profit entities
BENEFITS
- Apply the latest tax developments, rules and regulations affecting business and industry
- Identify planning opportunities and potential pitfalls
HIGHLIGHTS
- Update and review of recent and key tax developments impacting business and industry
- "Tax-mageddon" - the all-important impending expiration/extension/renewal of the TCJA
- Other recent legislative, judicial, and IRS developments impacting business taxpayers
- Current status of Research and Experimentation costs and Interest Expense Limitation
- Phaseout of Bonus Depreciation and MACRS issues
- Travel and entertainment expense rules
- Independent contractor vs. employee
PREREQUISITES
Basic working knowledge of business taxation
ADVANCE PREPARATION
None