Business Tax Update for Industry

Overview

This course focuses on the key federal tax issues affecting businesses from the internal accountant's point of view, with a focus on recent tax legislation and developments.  Planning alternatives and the potential risks associated with those strategies will also be discussed. 

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• “Tax-mageddon” – the all-important impending expiration/extension/renewal of the TCJA 
• Other recent Federal legislative, rules and tax developments impacting business taxpayers
• Current status of Research and Experimentation costs and Interest Expense Limitation
• Phaseout of Bonus Depreciation and MACRS issues
• Latest legislative, judicial, and IRS developments

Prerequisites

Basic working knowledge of business taxation

Designed For

Members in industry seeking a general business tax update and staff members desiring on recent legislative developments impacting businesses

Objectives

• Apply the latest legislative tax developments, rules and regulations affecting business and industry
• Identify planning opportunities and potential pitfalls

Preparation

None