C Corporation Tax Guide ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $232.00
Non-Member Price $267.00
Overview
This course is an indispensable resource for professionals seeking comprehensive knowledge about the tax aspects of C corporations. This course offers a deep dive into the key tax considerations, ensuring you’re well-equipped to handle the intricacies of this popular corporate structure. You’ll gain insight into crucial areas such as the implications of double taxation and the treatment of dividends. The CPE course also sheds light on the deductibility of interest expenses and the identification of disallowed deductions, crucial for accurate tax planning and reporting. Furthermore, it explores the specifics of capital gains and losses and the personal holding company tax, enhancing your ability to navigate complex tax scenarios effectively. By understanding the rules for recognizing charitable contributions and the dividends received deduction, you can advise on strategic financial decisions. The course also provides guidance on identifying deductible expenditures and handling net capital losses, ensuring comprehensive tax management for C corporations. This self-study CPE course doesn’t just teach; it empowers you with the tools and knowledge to maximize the benefits of the C corporation structure for your clients or organization.
Highlights
C corporation characteristics. Shareholders. Payment to shareholders. Methods of accounting. The C corporation tax return. Filing penalties. Corporate penalty taxes. The corporate spin-off.
Prerequisites
None.
Designed For
CPAs.
Objectives
Recognize the situations in which C corporation liability can pass through to the shareholder. Identify the methods used to reduce the effects of double taxation. Specify the circumstances under which the cash basis and accrual basis of accounting should be used. Recognize the types of expenses that qualify as start-up and organizational expenses. State the rules pertaining to the recognition of charitable contributions. Specify the rules pertaining to the interest expense deduction. Identify the circumstances under which the dividends received deduction is relevant. Recognize the types of expenditures that can and cannot be deducted by a C corporation. Specify the rules relating to the recognition of net capital losses. Identify the professions that would use the personal services corporation entity.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $267.00
Member Price $232.00