- Credits: 3
- Format: Self-Study Video
- Field of Study: Taxation
- Author/Speaker: Art Werner
| Course ID: | Advanced Preparation: | Experience Level: |
|---|---|---|
| WR-353.21 | None | Overview |
| Published Date: | Program Prerequisites: | Other Course Formats: |
| © Oct 2020 | Basic Understanding of Taxation | Audio | OnDemand Webinar | Live Webinar |
COURSE DESCRIPTION
Every year brings new challenges. Changes in the Code – sometimes hidden in legislation with deceptive names – Court decisions affirming the value or assuring the risk in the advice we gave three years ago – Complex transactions requiring application of old law to new circumstances – All the sort of things we cover in this advanced-level program.
Learning Objectives:
After reading the course material, you will be able to:
- Federal income tax consequences of:
- Insolvency – Code Section 108 and Bankruptcy Code
- Late elections – Regulation 301.9100-2 and 3
- Change in Accounting methods – Code Section 446 and 481
- Net Operating Loss calculation, carryovers, and limitation – Code Sections 172, and 382
Who Should Attend:
- All Certified Public Accountants (CPAs)
Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:
