Please join us for an introductory course on the fundamentals of preparing and filing an individual federal income tax return. We will cover topics such as what the federal income tax is and how it is computed. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
Distinguish the newest tax developments and changes to the Internal Revenue Code
Select effective and efficient techniques for implementing new standards
Major Topics
The major topics that will be covered in this course include:
Background of the Corporate Transparency Act
Beneficial Ownership Information Reporting (BOIR) Rule
Entities required to report.
Reporting requirements imposed by the CTA
Due dates of reports
Information needed to satisfy the BOIR
Impact of failure to report
How to submit a report
Court rulings on CTA’s unconstitutionality
Implications to entities as a result of the ruling in NSB.