Key Tax Issues Facing 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.   

**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

• 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

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