This course provides participants with critical Federal tax law updates resulting from current laws, regulations and court cases impacting all business entity types including S corporations, Partnerships, C Corporations and a Sole Proprietorship. This course will cover the CAA of 2021 and the ARPA of 2021 amongst other legislative changes.
Learning Objectives
- Understand the major federal income tax laws impacting C & S corporations, partnerships, LLCs, LLPs, and their owners.
- Understand the new tax legislation passed by Congress.
- Understand the new administrative guidance issued by the IRS and Treasury Department.
- Understand the recent court decisions that impact business taxation.
Major Topics
- Review of recent federal legislation and administrative rulings.
- Review of recent modifications to tax forms.
- Review of small business tax law and administrative update changes.
- Review of retirement plan changes.
- Overall review of tax practice and procedures.
