- Credits: 2
- Format: OnDemand® Webinar
- Field of Study: Federal Tax Update
- Author/Speaker: Sam Monastra
|Course ID:||Advanced Preparation:||Experience Level:|
|EWTFM-U-01779-21-O | 6233-CE-0499||None||Overview|
|Published Date:||Program Prerequisites:||Other Course Formats:|
|© Mar 2015||General Understanding of Taxation||Video | Audio | Live Webinar|
Corporations must file an income tax return following the guidelines developed by the IRS. Since GAAP and tax regulations differ in a number of ways, so frequently do pretax financial income and taxable income. In consequence, the amount that a company reports as tax expense will differ from the amount of taxes payable to the IRS.
This course covers the basic guidelines that companies must follow in reporting income taxes and the disclosure requirement associated with deferred taxes, reviewing some of the concepts and items discussed in ASC 740, Income Taxes.
Who Should Attend:
- All Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Return Preparers (TRPs)