CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

Annual Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

4.5 (117)

J. Patrick Garverick, CFP, CPA

The Garvs, LLC

Tuesday, February 02, 2021 | 08:00 AM PDT

  • AFSP
  • CPA
  • CVA
  • EA
  • Tax Preparer
  • CTEC

8 Credits

$120

Subject Area

Taxes

Webinar Qualifies For

8 CPE credit of Taxes for all CPAs

8 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-U-00335-20-O)

8 CE credit of Federal Tax Law Update for California Tax Professionals (CTEC Approved-6273) (Approval No. 6273-CE-0339)

8 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

8 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-U-00335-20-O)

8 CE credit of Federal Tax Update for Oregon Tax Preparers (Approval No. GEHNZ-U-00335-20-O)

8 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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employment law – what will get you sued in 2021

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ethics irs circular 230 - controversy side of circular 230

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s-corp preparation, basis calculations & distributions – form 1120s schedule k & k-1 analysis

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Course Description

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on business income tax issues. This comprehensive webinar will not only review the current Federal business income tax laws but will also update tax return preparers of new tax forms, changes to existing tax forms, as well as tax planning opportunities and pitfalls. 

This webinar is a comprehensive review of the Federal business income tax provisions and tax forms/schedules that will affect the 2020 tax returns and 2021 tax projections with an emphasis on newly enacted tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive business income tax reference manual that includes numerous practice aids, real-world examples, new Federal income tax forms and schedules, as well as Pat Garverick’s Quick Reference Chart.

MAJOR TOPICS COVERED:

  • Discuss the SECURE & CURES Act business income tax provisions
  • Review the business income tax provisions of the Tax Cuts & Jobs Act (TCJA) including but not limited to  A) The new lower corporate income tax rates and AMT repeal B) 20% qualified business income (QBI) deduction C) Changes to NOLs, business loss limitations, interest deduction, accounting method changes, fringe benefits, and entertainment expenses
  • Changes to the Forms 1120, the 1120S, and 1065 and other related schedules and forms
  • Recent changes to depreciation and §179 expense
  • Issues related to compensation, distributions, liquidations, self-employment taxes, and retirement plans

J. Patrick Garverick is one of the most admired and best-reviewed Tax Speaker in the country and we are offering the classes at a much-discounted price during the pandemic. His courses have been best-reviewed time and again 

  • For Quality of Content
  • For Relevance and Practical Case studies
  • For Best Teaching Approach
  • For Best Course Material

Awards and Accolades

  • Award for Instructor Excellence for California Education Foundation
  • Award for Outstanding Course materials for California Education Foundation.
  • Rated top tax instructor in nearly every location he has presented 
  • One of the few instructors to have received perfect scores (multiple times) from attendees for both presentation skills and knowledge. 

Learning Objectives

  • To recognize the major Federal income tax laws impacting C & S corporations and their owners
  • To identify the major Federal income tax laws impacting Partnerships and their owners
  • To recognize the major Federal income tax laws impacting LLCs and their owners
  • To identify the major Federal income tax laws impacting LLPs and their owners
  • To identify and comprehend any newly enacted legislation, changes and IRS guidance affecting business income tax returns

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • Young CPA

Testimonial

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    [average] => 4.4872
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4.5

(117)
59%
34%
3%
3%
0%

VC

J. Patrick does a great job presenting in the fact that he gives viewers a classroom type feel as opposed to the just the mundane reading of a PowerPoint. He has impeccable time management skills in completing the course presentation without rushing. His examples help paint a picture and drive home an understanding of the topics. Thanks for the great webinar!

HT

Great presentation! I enjoyed listening to the presenter and gained valuable knowledge about Amending Tax Returns and more... Time well spent. Thank you so much for sharing your expertise and knowledge

SP

The quality of this course and others that I have taken are good and they are reasonably priced for the material presented. The presenters are good and display a wealth of knowledge, I received a lot of information that I need for tax representation. A very good course. I highly recommend.

BO

This webinar came at a very good time as I am in the process of amending a return. All the question I had were answered in this discussion and I am very appreciable of the knowledge I gained. thank you very much. Current on all of the information, took the time to go through the material.

SB

I have long been a fan of J Patrick and his valuable articles and publications. He is so very knowledgeable and thorough, yet is able to present even complex, difficult material with great ease. I am so thankful for him and his extremely practical work. Please continue the great job you do; it is very much appreciated!

RP

Mr Patrick is a tax "Rockstar" and after reading his numerous informational bulletins - it was most refreshing as well as enjoyable - to listen to him in person. A very worthwhile course that I will refer my colleagues to the recorded version online.