2 CPE This course covers the computation of corporate taxable expense, including:
- Corporate tax compliance issues
- Computation of the corporate tax expense including new taxes on large and multinational corporations
- Computation of the effective tax rate after the 2017 tax act
- Understanding and determining when to take advantage of various Business Tax Credits
Learning Objectives
- Explore the compliance issues relating to the filing of a corporate tax return, including the requirement to reconcile financial and taxable income on Schedule M-1, including the computation of corporate estimated tax payments
- Explore how to compute the Effective Tax Rate versus the Statutory Tax Rate and what strategies can be employed to reduce the effective tax rate
- Explore the scope and importance of the most significant business tax credits
- Explore the various business tax credits available to businesses
- Explore how to take advantage of the Health Insurance Tax Credit for Small Employers
Last updated/reviewed: March 10, 2024
11 Reviews (63 ratings)
Reviews
DAvid Beauregard
(Managing Director at Monument Square Advisors)
The effort to cover the TCJA completely was arrived at the cost of too little coverage in some important areas of the law.
The limits placed on the discussion of the AMT and the BEAT are examples of areas where a deeper dive may have been appropriate.
Additionally, the examples are in some instances out of date. These should be updated or replaced. The examples tended to be confusing due to the effort to "short cut" the calculations in the name of efficiency??
Thank you. Every course has its powerful points.
Anonymous
()
The review and exam questions weren't great- there were definitely a few mistakes and/or tricky questions (such as one with multiple correct answers). The slides need to be updated to reflect new dates, or simply take this information out as it is no longer accurate. There is good information in here, but it should be reviewed/updated for accuracy.
Madeline Ashbrook
(Tax Consultant at True Partners Consulting)
Fulfills objectives as outlined by instructor. However, some of the information is dated, for example, the due dates of corporate returns have been changed since instructor recorded course.
Nafisah Fudaeel
(Owner at Tax Roadmap)
This corporation taxation course was a good review course. The examples were relevant and easy to follow. I love the review questions. They help in determining the focus.
Anonymous
()
This course is a good overview of the main components of filing the corporate tax expense. This is a high level course though and does not dig into the weeds.
Inna Shmukler
(Controller at Fornetix LLC)
A lot of useful information. Part of the course has some repetition from the course "Computing Corporate Taxable Income".
Anonymous
(GL Manager)
Course provided good overview on how to compute corporate tax expense along with other tax related topics.
Anonymous
(Finance and Accounting Consultant)
This course is a comprehensive overview of the guidance with helpful slides and examples.
Anonymous
(Owner)
Great course. I enjoyed the time spent on all the tax credits. Great overview.
Anonymous
(Snr Tax Director)
Computing Corporate Tax Expense After 2017 was a helpful refresher
Anonymous
(Finance Director)
Very good course to understand iimportant changes in the tax law
Prerequisites
Course Complexity: Advanced
No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Cherie HennigProfessor
About Illumeo
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