Key Tax Issues for Business Taxpayers

Overview

This course will address the most recent tax legislation, IRS guidance and developments occurring in 2024-25 that will impact business taxpayers. Designed to prepare the practitioner for the upcoming filing season, this course will provide useful strategies to assist in the tax preparation process.

**Please Note: If you need credit reported to the IRS for this IRS-approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• “Tax-mageddon” – the all-important impending expiration/extension/renewal of the TCJA 
• Other recent legislative, judicial, and IRS developments impacting business taxpayers.
• Current status of Research and Experimentation costs and Interest Expense Limitation
• Phaseout of Bonus Depreciation and MACRS issues.
• Partnership and S corporation legislative updates

Prerequisites

Basic working knowledge of business taxation

Designed For

CPAs in public practice and industry seeking an update on the latest tax developments affecting business taxpayers

Objectives

• Identify and understand the latest developments, rules and regulations affecting business taxpayers
• Define and discuss planning tools and potential pitfalls

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 ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.