1120 Preparation and Planning 4: Deductions-Part 2 (2024 Edition) (Currently Unavailable)
Author: Greg White, Barbara Weltman
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This on-demand course provides a refresher on the preparation of corporate income tax returns. It is designed to orient the practitioner with the latest changes in the field of taxation.
This is the fourth in a series of courses on Form 1120 preparation. All of the courses in this series have been fully updated to reflect recent legislative changes. This course focuses on deductions and will provide participants with a solid foundation in preparing corporate income tax returns.
Publication Date: February 2024
Designed For
Tax Practitioners
Topics Covered
- Advertising
- Retirement Plans
- Nonqualified Deferred Compensation Plans
- Employee Benefits
- Other Deductions
- Net Operating Losses (NOLs)
- Dividends-received Deduction
Learning Objectives
- Determine contribution limits for qualified retirement plans
- List health care options that employers can offer
- List tax-free fringe benefits
- Determine how to figure the net operating loss deduction
- Identify the line of Form 1120 on which advertising expenses reported
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
