C Corporations carry unique blessings and curses all their own. Tax law affecting C Corps continues to change. Join Bradley Burnett, J.D., LL.M., as he gets you up to date with what you need to know to plan now and face the coming year.
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Who Should Attend
Return preparers, tax planners, and taxpayers desiring to keep up with law changes affecting C Corps.
Topics Covered
- All things new that affect C Corps
- C Corp tax rates ” Post-TCJA, OBBB Act and recent legislation
- §1202 qualified small business stock (QSBS) potpourri
- IRS audit rates
- Promissory notes between corporation and shareholder
- C Corp buy-sell agreements
- And more
Learning Objectives
- Identify and apply new developments affecting C Corps
- Identify the effect of OBBB Act on C Corps
- Identify qualified small business stock planning for C Corps
- Compare C Corps and pass-throughs
- Learn new threats and opportunities re: deductibility of charitable contributions by C Corps
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic understanding of C Corporations.
Advance Preparation
None
Instructor
Bradley Burnett
Bradley Burnett, J.D., LL.M., is a practicing tax attorney, licensed in Colorado, with 38 years of tax practice experience. His practice emphasis is on tax planning and tax controversy resolution. Prior to establishing his own law firm in 1990, he practiced tax accounting with national and local CPA firms, worked as a trust officer for a Denver bank, and managed the tax department as partner in a medium-sized Denver law firm. After receiving his undergraduate degree in accounting and law degree (J.D.), he earned a Master of Laws (LL.M.) in Taxation from the University of Denver School of Law Graduate Tax Program.
Mr. Burnett has delivered more than 3,400 presentations on U.S. tax law throughout all 50 states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 45 CPE courses. Mr. Burnett served as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and taught IRS practice and procedure. He has appeared on television answering tax questions for call-in viewers of Denver NBC affiliate KUSA Channel 9. Brad received the Illinois Society of CPAs Instructor Excellence Award for teaching in Chicago and five times has been the top rated, most requested instructor for CPA Society annual tax conferences.