Key Tax Issues for Business & Industry

Overview

This course focuses on the key federal tax issues affecting business from the internal accountant’s point of view, with a focus on the major ramifications of the TCJA and other recent tax legislation and developments. Planning alternatives and the potential risks associated with those strategies will also be discussed.

Highlights

• Update and review of recent and key tax developments impacting business and industry
• "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.
• Travel and entertainment expense rules
• Independent contractor vs. employee

Prerequisites

Basic working knowledge of business taxation.

Designed For

CPAs in public practice and members in industry, and financial personnel working for closely-held, for-profit entities.

Objectives

• Apply the latest tax developments, rules and regulations affecting business and industry
• Identify planning opportunities and potential pitfalls.

Preparation

None

Notice

• This event is paperless unless you elect to pay for printed materials. • All materials will be available to download in advance and participants will receive an email two days prior to the course date. • Materials will also be posted in the “My CPE” section of the NESCPA website. • Parking and lunch are provided on-site