Level II: Live June Corporations and Partnership Webinar
Level II: Live June Corporations and Partnership Webinar
Date: June 12 – 14, 2023
Class: 9 AM - 12 PM PST
Break: 12 PM - 12:30 PM PST
Class: 1 PM - 4 PM PST
This course is best suitable for students that have already taken our
Level I: Corporations & Partnership course.
This 3 day corporation and partnership course continues with Taqueria Victoria. The taqueria is in the second year of business and has a loss. What do you do with a loss on the tax return?
Find out how and where to report reimbursements for an accountable plan, paid medical insurance for shareholders, dividends paid from retained earnings for shareholders for the C-Corp and partnership expense for the S-Corp and Partnership.
Other topics covered will be Net Operating Loss (NOL) carryback, effect in basis for S-Corp and Partnership non-deductible expenses and donations.
This course is best viewed on a desktop or laptop computer, with a strong internet connection, and by using Google Chrome or Mozilla Firefox browsers.