Tax Updates for Businesses
Author: Barbara Weltman
||1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs
1 hour Federal Tax Updates for CTEC
The pandemic has triggered many changes in tax rules and tax professionals need to take action to optimize the tax picture for their business clients. This one-hour CPE session will provide and update on critical year-end tax steps for businesses.
Experienced practitioner and instructor Barbara Weltman, J.D., will guide you through the highlights of major developments for 2020 returns, including changes created by the Further Consolidated Appropriations Act 2020 (which includes the SECURE Act), the CARES Act, and other legislation related to COVID-19.
Publication Date: October 2020
All CPAs, EAs, and other tax professionals who advise business clients on federal tax issues.
- What's new for 2020 returns
- Income and Exclusions
- Credits and Other Taxes
- Other Developments
- Recognize how to explain latest developments in federal taxation for businesses
- Recognize and apply recent developments to year-end tax planning
NASBA Field of Study
Taxes (1 hour)
Basic understanding of federal taxation concepts for businesses.