Due to the ongoing COVID-19 crisis, all live CPE classes for the remainder of 2020 will be held virtually. Please feel free to contact RISCPA with any questions or concerns.

riscpamembers@riscpa.org

Course Detail

Don Farmer's 2020 Corporate Income Tax Workshop

Description:

Don Farmer’s 2020 Corporate Income Tax Workshop

 

Friday, November 6, 2020 / 8:00 AM - 4:00 PM

 

Live On-line Webcast

 

Using a Combination of Humor and Examples, We Will Focus on Tax Developments that Affect 2020 Income Tax Return Preparation and 2020 Income Tax Planning for Businesses. As Time Permits, We Will Also Review the Major Areas of Income Taxation of Businesses to Fine Tune Practitioners for “Tax Season.”

Course Material Includes:

  • 600+ Page Manual Containing a Discussion of Most Major Areas of Business-Related Income Taxation.
  • Where Applicable, a Segment in Each Chapter of Relevant Changes and latest Developments under Recent Tax Legislation.
  • Checklist of Business-Related Tax Provisions Expiring and/or Recently Expired.
  • Checklist of Business-Related Developments First Effective in 2020.

Highlights:

Review of Corporate and Other Business Income Taxation Including:

  • Key Developments to the Tax Cuts and Jobs Act and the Consolidated Appropriations Act (enacted December 20, 2019) involving various topics such as: New Tax Incentives Encouraging Small Businesses to adopt Retirement Plans; Latest Listings of Expiring Tax Breaks; Treatment of Employees’ Transportation Fringe Benefits; 20% Section 199A Deduction; Sections 179 and 168(k); Business Interest Deductions; Qualified Opportunity Funds Final Regulations; Simplified Accounting Method Safe Harbors for Qualified Small Businesses; and more!
  • Other Significant 2020 Judicial and Administrative Corporate and Business Tax Developments Including: Latest Information on Partnership Audits Under CPAR; New Regulations Allowing Health Reimbursement Accounts to Reimburse Employees’ Health Insurance Premiums.
  • Review of Significant Tax Provisions and Changes First Effective in 2020.

Objectives:

  • Provide explanations and planning ideas relating to the latest 2020 tax developments, including the most recent tax legislation impacting corporations and businesses
  • Help practitioners prepare for “tax season”
  • Review areas that warrant tried-and-true traditional tax planning opportunities.

Prerequisites:

Detailed knowledge of Income Taxation and Income Tax Return Preparation for Businesses.

Notes:

 

Designed For:

Individuals who prepare income tax returns for Businesses or who are involved in Income Tax Planning for Businesses.

Back to Course Catalog