This no-frills course has been designed to review all changes affecting for-profit taxpayers,
combining the individual update with the business update without all of the planning and
compliance discussion available in the more specialized updates. Just the facts without
the frills! Updated throughout the year for up-to-the-minute rile changes and court cases,
the FTU-Ind/Bus course will keep your attendee in the loop for the latest changes.
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!
Upon the completion of this course, you will be able to-Apply the latest tax law changes to the current Form 1040/1120/1120S/1065 tax returns you prepare; Properly use many federal tax provisions prior to their expiration date; Determine if your clients had job related business expenses; Determine if your clients had any work related education expenses; Summarize the various methods of accounting that are available; Advise clients on how to properly account for inventory; Determine when a change in accounting method has occurred, when IRS approval is needed and when it is not needed, and what situations qualify for automatic approval.
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), AFSP (8)
NASBA, IRS, Certified Financial Planning Board, State of Maryland