Business Tax Update and Planning Strategies (BTUS)

Karen E. Davis, EA, Edward A. Renn, Esq., Lance G. Weiss, CPA, CVA, Michael J. Tucker, J.D., CPA
  • 3
  • Update
  • Taxes

Individual course: $99
Best Value: All-Star Tax Season Pass
Volume Discounts: 
Click here for details.


Tax practitioners have been challenged as the year 2021 comes to an end.  We don’t yet know if the Build Back Better Act will be enacted, and if it is, whether it will be effective in part before 2022.  In this program, we will cover business tax changes that have been enacted already, as well as proposed changes we think will impact many business clients of general tax practitioners.

Major Topics:

  • Tax changes enacted as part of the Infrastructure Investment and Jobs Act (IIJA), including

    cryptocurrency reporting

  • Elimination of the Employee Retention Tax Credit (ERC) as of October 1, 2021
  • What is an eligible recovery start-up business for purposes of claiming the ERC in the last quarter of 2021?
  • Major tax changes proposed in the Build Back Better Act
  • New changes to the Sec. 461(l) loss limitation provisions
  • Business interest limits under Sec. 163(j)
  • New rules relating to Sec. 1202 stock
  • 5% and 3% surcharges on high income individuals
  • IRA and retirement plan changes
  • New and revised tax credits
  • TIGTA evaluation of S corporation shareholder compensation
  • COBRA health insurance coverage

Learning Objectives

  • Understand business related tax changes for 2021

Any tax practitioner who will be preparing business related income tax returns for 2021 

A basic understanding of the tax rules relating to individual income tax




Varies by state. Check back soon for details