• Formation of corporation
• Section 1244 stock
• Income: dividends, interest, rentals, capital gains
• Salaries, employee benefits and retirement plans
• Economic performance and other deductions
• Schedule M-3
• Net operating losses
• Personal Service Corporations
• Case studies
Learning Objectives
When you complete this course, you will be able to: • Apply the economic performance rules for tax deductibility.
• Recognize deduction recognition issues related to amortization.
• Identify issues related to intragroup transactions.
• Determine the corporate net operating loss (NOL) deduction.
• Identify various business tax credits available to corporations.
Major Topics
• Formation of corporation
• Section 1244 stock
• Income: dividends, interest, rentals, capital gains
• Salaries, employee benefits and retirement plans
• Economic performance and other deductions
• Schedule M-3
• Net operating losses
• Personal Service Corporations
• Case studies
