Business Tax Update and Planning Strategies (BU23)

Michael J. Tucker, JD, CPA , Bob Lickwar, CPA, Edward Renn, Esq., Lance Weiss, CPA, CVA
  • 3
  • Update
  • Taxes

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

Overview

This program reviews tax changes for 2023 that will affect businesses and their owners. The panelists will analyze tax legislation impacting 2023 and later years, and IRS regulations and rulings that impact businesses in 2023.

Major Topics:

  • Electronic filing requirements for information returns
  • Prevailing wage and registered apprenticeship requirements
  • How to monetize energy credits
  • Amortization of research and experimental expenditures
  • Required Minimum Distribution rule changes impacting 2023 and later years
  • Employee Retention Credits: IRS audits and application withdrawals
  • Preparing for the implementation of the Corporate Transparency Act
  • Section 179 and the gradual reduction of bonus depreciation
  • The Section 45W credit for qualified commercial clean vehicles

Learning Objectives

  • Advise business clients regarding tax legislation impacting 2023 and regulations and rulings impacting the taxation of businesses for 2023

Tax practitioners advising clients regarding business income tax developments

A basic understanding of individual income tax rules

None

Yes

Yes

Varies by state. Check back soon for details