2013-2014 C & S Corporate Federal Tax Update (Currently Unavailable)

Author: Vern H.

Vern discusses the current Tax Codes, cases and rules affecting corporate taxation including the S corporation "losses limited to basis" limitation rules, and determining when a C corporation creates constructive dividends.

Follow along with Vern's comprehensive PDF manual containing hyperlinks to important rules and regs, included with purchase.

Publication Date: November 2013

Designed For
All tax practitioners, both public and industry, who need the latest - and necessary - tax changes for their clients.

Topics Covered

• Analyzing two more S corporation "more reasonable compensation" cases
• Rejoicing that the S corporation's five-year built-in gain recognition period has been extended for at least 2013
• Understanding the S corporation "losses limited to basis" limitation rules
• Determining when a C corporation creates constructive dividends
• And, lastly, glancing at the ability of rolling over the gain on Qualified Small Business Stock and currently deducting small business stock losses

Learning Objectives

• Recognize key tax changes effective in 2012, affecting the taxation of C corporations and S corporations.
• Identify numerous tax issues and provisions impacting your clients' or employer's tax returns.
• Apply various tax rates and computations to scenarios just like those you see in your office, to better prepare you for the upcoming tax season.

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (3 hours)

Program Prerequisites
A basic understanding of tax preparation.

Advance Preparation
None