On-Demand
Federal & California Tax Update for Businesses and Estates | Titans of Tax 2023
Overview
Federal and California tax developments affecting C and S corporations, partnerships, estates, trusts and exempt organizations are covered. Federal and California legislative updates and associated guidance from IRS and FTB are explained. Due diligence considerations relevant to recent developments are addressed to help with compliance and planning. Recent law changes and IRS guidance are covered.
Course materials summarize each key development, and the e-Book provides links to the full text of source documents discussed during the program and additional developments. Materials include helpful charts and a table with links to all federal tax regulations and IRS rulings.
This is the companion course to Federal and California Tax Update for Individuals.
Product Code
1000003245
Format
Online Self-Study
Intended Audience
CPAs, financial professionals and attorneys.
Level of Difficulty
Intermediate
Prerequisites
General taxation knowledge.
Advance Preparation
None.
Learning Objectives
Major Subjects
- New law provisions and guidance and tax form changes affecting business entities, tax-exempts and estates and trusts with emphasis on details of relevant energy and research credits, loss limitation and any federal law changes in 2023
- Key cases and IRS and FTB guidance affecting partnerships, LLCs, C corporations, and S corporations
- Employment taxes and worker classification matters
- Accounting method developments
- Tax credits updates—Federal and California
- The state of California and multistate significant developments including nexus, sourcing and tax matters relevant to a remote workforce
- Expired and expiring provisions
- Inflation adjusted amounts for 2024