business tax in depth seminar details · —business tax in depth students are provided with a...
TRANSCRIPT
Ramada Plaza Suites
1635 42nd Street, SW Fargo, ND 58103
Hotel Phone: (701) 277-9000 Registration 7:15 a.m. Class from 8:00 a.m. - 4:30 p.m.
October 15 & 16, 2013
Our Business Tax In-Depth course is the central reference point manual for preparing business tax returns.
Similar to our 1040 Tax In Depth course, this course begins with detailed discussions of business tax changes that have occurred during the year, whether from Congress, the IRS or the courts.
The Business Tax In-Depth course now includes an in-depth summary of business tax provisions of the 2010 Health Care Bill including penalties, credits and requirements.
The “S” discussion provides the forms, elections and statements needed to convert a sole proprietor to an S corporation or to convert an LLC to an s corporation, as well as the guidance needed to convert a C corporation.
The rare 338 step-up election for S corporations is discussed in example form and we also provide the instructions and elections to make a deemed dividend election or to distribute E&P before AAA. We also discuss troublesome operating issues such as officer compensation, debt basis, suspended losses and non-cash distributions.
The discussion of C corporations provides guidance on tax operating characteristics of the C corporation including: accounting methods, choice of year-end, capital losses, net operating losses and a summary of consolidated return rules.
Our LLC/partnership discussion includes organizational income tax elections and definitions; then moves to a completed example Form 1065.
We discuss converting an LLC to an S corporation and provide an example election. We also discuss operating issues of an LLC such as guaranteed payments, tax-free formation, partner self-employment tax issues, basis, ownership transfers and the sale of a partnership interest.
Included are several case studies illustrations, with tax forms, the effects of a “walk-away” partner as well as the 754 step-up basis election. An in-depth discussion of equity accounts is provided along with detailed analysis of debt basis.
COURSE INFORMATION
Business Tax In Depth Course Level: Intermediate Advanced Preparation: None
Prerequisites: 2-4 yrs. tax prep exp. NASBA Field of study: Tax
Business Tax In Depth
REGISTER ONLINE NDSACCT.com Registration includes 16 Hours CPE $311 per person
If before October 4, 2013, Deduct $20
Breakfast | Lunch | Manual | Pen/Highlighter
SEMINAR INCLUDE A FREE ELECTRONIC MANUAL
INCLUDING HYPERLINKS TO ALL REFERENCES! PLUS FREE ETHICS
October 15 & 16, 2013 — Business Tax In Depth
Students are provided with a comprehensive (logically organized by forms-order) reference manual, tab-divided by section to use daily in their office, as well as an E-Book version of the manual hyperlinked to the citations and the underlying FREE Federal tax
research service.
PLUS Free 2-hour self study IRS ethics course!
Fantastic
Reference
Manual
Seminar Details
Please complete the form below. You may fax it to 701-258-0165 or mail it to: NDSA, PO Box 102, Bismarck, ND 58502. Please call 800-328-1950 or 701-255-6502 or email
[email protected] with any questions or to register by telephone.
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Refunds & Cancellations:
Full refund if cancellation is received 10 days prior to seminar.
$ Amt. Enclosed Visa, MC, Discover
Exp. date
PTIN Number
Bu
sine
ss Tax In D
ep
th
Fargo, N
D
Octo
be
r 15
& 1
6, 2
01
3
REG
ISTER TO
DA
Y!
16 Hours
CPE!
Presented by NDSA Register Online NDSACCT.COM
Or Call 800-328-1950
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