1120 Preparation and Planning: Estimated Taxes and Special Topics (Currently Unavailable)

Author: Barbara Weltman, Sidney Kess

This course provides a refresher on the preparation of corporate income tax returns for 2016. It is designed to orient the practitioner with the latest changes in the field of taxation. This is the fifth in a series of courses on Form 1120 preparation of 2016 returns. The final course in this series reviews estimated tax payments and special tax planning rules for corporations. All of the courses in this series have been fully updated to reflect recent legislative changes.

Publication Date: December 2016

Designed For
Tax practitioners.

Topics Covered

• Refresher on the preparation of corporate income tax returns for 2016
• Orient the practitioner with the latest changes in the field of taxation
• Rreviews estimated tax payments and special tax planning rules for corporations
• Special tax planning rules for corporations

Learning Objectives

• Calculate required payments to avoid penalties
• Outline the election options to use different annualized periods
• Describe the steps to file for quick refunds of overpayments
• Recognize situations when a corporation must contend with the passive activity rules
• Outline the steps to avoid accumulated earnings penalties and personal holding company tax
• Detail the implications of multiple corporations
• Calculate penalties on underpayments

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None