Corporate tax rules affect everything from entity formation and shareholder compensation to the timing of deductions, stock dispositions, and available credits. This three-part series gives tax professionals and finance advisors practical guidance they can apply when working with corporate clients.
Your Instructor
Dave Peters, CPA, CFP®, CLU, CPCU, MST, MBA
All three live webinars are NASBA-approved and qualify for CPE credit.
Examine tax-free corporate formation rules, how shareholder basis is calculated when property and debt are involved, and the different ways corporate shareholders can be compensated.
Topics include: • Contributions of property at formation and basis following the initial transfer • Boot, debt-encumbered property, and the resulting tax implications • Reasonable compensation, bonus withholding, stock options, and Section 83(b) elections
Take a practical look at the nuances of corporate deductions, including the general requirement that expenditures be ordinary, necessary, and reasonable, as well as the limits, floors, and exceptions that determine what a corporation can deduct.
Topics include: • Accounting methods, cash-method availability, the all-events test, and economic performance • Dividends received deduction and accelerated depreciation, including bonus depreciation, Section 179, and full expensing • Net operating, capital, and passive activity losses
Review three areas that frequently arise in corporate tax planning and compliance: major corporate tax credits, stock redemptions and dispositions under Section 302, and the corporate alternative minimum tax.
Topics include: • Redemptions versus dividends and corporate acquisition issues • Foreign tax credit reporting on Form 1118 and the general business credit • The corporate alternative minimum tax
One Series. Three Critical Corporate Tax Areas.
Build practical knowledge across corporate formation and shareholder compensation, accounting methods and deduction timing, and tax credits, stock dispositions, and the corporate alternative minimum tax.
All three premium courses are included with Unlimited Plus.
