Business Taxation ON DEMAND

Overview

Navigating the maze of business taxation laws can be overwhelming, with entrepreneurs often unsure about maximizing incentives and meeting reporting requirements. After completing this course, you’ll view business taxation with newfound clarity and confidence. The course bridges the gap between confusion and understanding, offering in-depth knowledge on tax devices and techniques for small-business owners. You’ll learn to leverage operational deductions and fringe benefits effectively, master compensation strategies, and plan for retirement and estate taxes smartly. Transforming your approach to tax planning, this course ensures that you are well-equipped to harness tax incentives while adhering to reporting requirements, ultimately leading to more informed financial decisions for your business.

Highlights

Structure, reporting and accounting. Business income, credits and assets. Selected business expenses. Employee compensation and benefits, and more.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents, and attorneys.

Objectives

Recognize sole proprietorships, partnerships, and corporations as organizational formats for new and existing businesses. Identify how choice of entity relates to the type of records to keep, listing issues related to substantiation and documentation. Specify available accounting periods and methods and the methods for identifying and valuing inventory items, and more.

Preparation

None.

Notice

None.