A Practical Approach to Recent Business Tax Changes (Currently Unavailable)

Author: Lewis Taub

In these times of political stagnation in Congress, it is not uncommon for accountants to be under the impression that there are no new business tax rules in effect.

However this is simply not true. First the stagnation in Congress has caused several expiring tax provisions not to be renewed. Second, over the course of the last year there have been many regulations issued, significant court cases decided, and a large number of rulings issued by the Internal Revenue Service. Accountants in both the public and private sector must be aware of both the new regulations and rules and of which statutes have not been renewed in order to maximize their advice and strategies for the business they serve. This webinar will cover a wide range of business tax issues which have seen significant changes in the past year.

Publication Date: September 2014

Designed For
CPAs, accountants, CFOs and Controllers who work with businesses on both a compliance basis and a tax planning basis.

Topics Covered

• Accounting methods
• Depreciation
• Obamacare
• Foreign Bank Account Reporting
• Same sex marriages
• Research and development
• The 3.8 Medicare tax
• Reasonable compensation of S corporation shareholders
• Home office deduction

Learning Objectives

• Identify the significant regulations, rulings and court decisions that are vital for accountants who are business tax advisors.
• Recognize tax planning opportunities as a result of many of these promulgation.
• Identify various legislations being addressed in Congress, the chances of passage and the impact of these potential new rules.

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Knowledge of tax rules impacting businesses including practical application of the rules.

Advance Preparation
-