The Top 50 Business Tax Mistakes Practitioners Make and How to Fix Them

Course Details

Date

Thursday, July 28, 2016

8:30am – 4:30pm
(Registration: 8:00am)

Location

Prince Waikiki

100 Holomoana Street

Honolulu, HI 96815

808-956-1111

View Map

Course Number

BTBB

CPE Credit

8.0 hours CPE credit

Instructor

Donald B. Cooley

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Experience with business clients

Description

If only we could see ourselves as others see us. Learn the traps taxpayers fall into â€“ before you make the mistake. Attend this enjoyable yet very informative course that focuses on the law while exploring some of the top errors made in compliance and tax planning for business entities. The study of the law underlying the tax or practice issue will assist practitioners in satisfying their professional standards of practice and will help in preparing business tax returns. Avoid these missteps, plan for a better tax result, and benefit from a wealth of knowledge that can be applied to practice.

Highlights

Don't get caught watching the paint dry

Understanding practice ground rules

Keeping an eye on possible upcoming changes

Transferring assets to a corporation results in gift tax

Can I amend prior returns to correct an impermissible accounting method?

S Corporations: Just what is causing inadvertent terminations today, which happens more than you think; and errors in basis, structuring debt, distributions and liquidation

LLCs and partnerships: Mistakes in allocation of debt, fringe benefits, unreimbursed expenses; oversight in not taking into account limitations at the entity level; and pension issues

C Corporations: Keeping a stock redemption a capital transaction; and why small business owners should consider taking dividends

Travel and entertainment: tricks and traps

Related party transactions: explore business issues and the significant tax problems that can occur with failure to recognize a related party transaction

Is there a flexible standard of law for small closely held businesses?

Objectives

Discuss business transactions that have significant tax effects and the need to do proper tax planning

Describe the most substantial mistakes that practitioners can make in dealing with the tax aspects of businesses

Designed For

CPAs who wish to get a broader insight into tax planning by understanding the significant mistakes professionals can make and how to avoid them

Registration for this course has passed.

Course Pricing

Early Registration Member Fee Applicable if you are a HSCPA member in good standing and register by July 14, 2016.	$265.00
Member Fee Applicable if you are a HSCPA member in good standing.	$315.00
Early Registration Non-Member Fee Applicable if you are not a HSCPA and register by July 14, 2016.	$365.00
Non-Member Fee Applicable if you are not a HSCPA member.	$415.00
Neighbor Island Discount Applicable for Neighbor Island members in good standing	-$75.00
Associate Neighbor Island Discount Applicable for Associate Neighbor Island members in good standing	-$25.00
Your Price	$415.00