Overview
This program provides an update to the latest tax developments, rules and regulations impacting and business taxpayers, with a review and integration of 2024/25 legislation.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Objectives
- Apply practical strategies based on recent developments
- Identify and recall key compliance issues
- Identify and recall significant changes in tax forms
Highlights
- Recent legislative developments, cases and rulings impacting various business entity taxpayers
- Review of Inflation Reduction Act provisions impacting small businesses
- Business income, deductions and credits
- Section 174: Research and Experimentation Deduction update
- Form 1099-K reporting
- Depreciation update: Section 179 and 168(k)
- S Corporation and partnership update, including Schedule K-1
