Titans Annual Federal Tax Planning: Business & Estate Update 2024

Overview

Explore an in-depth analysis of this year’s key federal and California tax changes impacting C and S corporations, partnerships, estates, trusts, and exempt organizations. We’ll break down the latest legislative updates and guidance from the IRS and FTB, highlighting crucial compliance and planning considerations. Stay informed on recent law changes and due diligence practices to ensure you’re prepared for the latest developments.

Highlights

• New law provisions and guidance and tax form changes affecting business entities, tax-exempts and estates and trusts with emphasis on details of relevant energy and research credits, loss limitation and any federal law changes in 2024
• Key cases and IRS and FTB guidance affecting partnerships, LLCs, C corporations, and S corporations
• Employment taxes and worker classification matters
• Accounting method developments
• Tax credits updates-Federal and California
• The state of California and multistate significant developments, including nexus and sourcing
• Expired and expiring provisions
• Inflation-adjusted amounts for 2024

Prerequisites

General taxation knowledge.

Designed For

CPAs, financial professionals and attorneys.

Objectives

• Recognize and apply federal and California tax developments affecting corporations, partnerships, estates and trusts, and how these new provisions and interpretations impact planning and compliance for your clients
• Identify the year's significant regulations, IRS and FTB rulings, as well as other administrative guidance on business and estate tax matters
• Describe the most important 2023 court cases addressing business entities, and their relevance to practice
• Identify planning and due diligence learned from recent developments

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.