Course ID: FTUI

Federal Tax Update for Industry

This program concentrates on those recent changes in tax law that affects business and industry, with the program geared both towards CPAs in public practice and industry, participants learn how current issues affect their industry and their operations. The course will discuss the practical impact of these developments on businesses. Any new tax law is always included.


LEARNING OBJECTIVES
  • Maintain tax knowledge and awareness of tax changes that affect common business operations and individuals who own them Establish practical approaches required to comply with changes in tax law Identify IRS audit issues Avoid costly misunderstandings of tax law by learning from others’ mistakes

MAJOR TOPICS

Issues related to capitalization vs. expensing of various acquisitions Recent developments in payroll matters, including the responsible person penalty Status of medical benefit rules applicable to employers of all sizes Court decisions relating to income tax accounting methods for business enterprises Effect of changing tax law on tax provisions in financial statements IRS regulations, rulings, and audit initiatives Current status of proposals for tax reform, concentrating on proposed changes to business taxes


DESIGNED FOR
CPAs who work with business taxpayers and those CPAs in industry with responsibilities that include tax matters.

FIELD OF STUDY
Taxes

PREREQUISITES
None

COURSE PRODUCER
Loscalzo Associates

CPE CREDITS
8.0

LEVEL
Update
 

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Or, contact BLI: 888-481-3500 or learn@blionline.org