Tax Credits for Businesses
Author: Barbara Weltman
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 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
Join Barbara Weltman as she walks through the array of tax credits for businesses with a focus on the limitations that apply for each credit. This course will cover the general business credit, which isn't a separate credit but rather an overall limitation on business credits. Barbara will break down the credit discussion into various categories those related to employees, green energy credits, and other credits. The final part of the course will discuss the general business credit as well as minimum tax credits.
Publication Date: April 2025
Topics Covered
- Employment-related tax credits, including the Work Opportunity Credit
- Green energy-related credits
- Research credit
- Disabled access credit
- Low-income housing credit
- Rehabilitation credit
- Foreign tax credit
Learning Objectives
- Recognize the rules for credits related to employees
- Identify the new green energy credits
- Identify other business credits
- Describe the general business credit and other credit-related matters
- Identify the portion of the Family and Medical Leave Credit that may be claimed if employers are required by state law to provide paid leave
- Identify the maximum credit that can be claimed with respect to the alternative fuel refueling property credit
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
