Staff Training for Business Tax Returns

This course is designed to assist the practitioner with minimal or no tax experience in preparing complete tax returns by illustrating the process with filled in tax forms.

Tax return preparers with little or no experience and practitioners seeking an update on basic tax return preparation.

Upon completion of this course, you will be able to: Gain a working knowledge of the federal taxation and the tax return preparation process for business * Enable neophyte practitioners to see the "big picture" for tax return prep * Apply key tax return concepts using filled in forms and practice aids.

Preparation of business tax returns with a focus on: Form 1120S and Schedule M-1, M-2 and M-3; Form 1065 and Schedule K-1 and M-3; Depreciation, Form 4562; Business property transactions, Form 4797; New Affordable Care Forms 8941, 1095-B, 1095-C, 1094-B, and 1094-C * Tax structure and tax determination * Business income and deductions: Schedule C and F * Sales and exchanges of property (including securities) * Profit (or Loss) from business and SE Tax * S corporation and partnership returns * Special tax computation (including credits) * Alternative Minimum Tax.