Streamlined Tax Staff Training - Business

Overview

From books to tax returns-that’s the mission. But, how do you get started? How can you identify and keep track of different reporting for different types of entities? How different is Form 1065 from Form 1120S? Those questions and many more will be answered in this information-packed program.

Prerequisites

General tax knowledge

Designed For

Tax staff making the move up from preparing individual Forms 1040 to preparing business income tax returns.

Objectives

Participants will be able to: • Identify differences in how information is presented in income tax returns of various business entities • Efficiently prepare Forms 1065, 1120S, and 1120 • Prepare various common supporting forms, such as Form 4797 reporting sales of property • Recognize tax planning concepts and develop efficient tax research techniques

Preparation

None