Many firms wish to attend an annual update that covers all of the changes that affect
business entities in the current year, as well as detailed analyses of how the new tax laws
will affect your business tax clients. Kept up to date through the day before the class, this
class will include the latest modifications to TCJA and 2019’s Budget Bill as well as other
relevant IRS Notices, announcements, ruling and court cases for corporations, S
corporations and entities taxed as partnerships and discussion of common compliance
issues encountered during 2020’s tax preparation season.
Every chapter has been updated for the effects of the end-of-2019 Budget Bill and
both March 2020 tax bills, with in-depth discussion and examples of those changes!
2020 changes are all coming together with 3 different bills into a massive year of
All attendees receive the hyperlinked PDF E-Book and this year we will also provide
discussion of corporate pension plans because of the newly upgraded new pension plan
Upon completion of this course, you will be able to-Explain the latest changes in tax law to your business clients; Inform clients of the various characteristics and tax implications of the C corporation form of business entity; Determine if a corporation qualifies to file the election for S status; Explain S corporation equity accounts to clients; Explain the differences in entity types to clients; Provide clients with the characteristics, advantages, and disadvantages of LLCs; Advise client on converting to an LLC from other business entity types; Advise clients about methods of accounting and partnership/LLC tax returns; and much more.
Number of Hours:
Knowledge of Tax Law Regulations
Group Internet Based
Number Of Days:
Early Cut Off Date:
Online Group Internet Based ,
CPA (8), EA (8), CFP (8), Maryland Preparer (8)
NASBA, IRS, Certified Financial Planning Board, State of Maryland