Surgent's Small Business Guide to the Use of Accounting Methods After Tax Reform (AMET)

Course Details

Date

Wednesday, November 27, 2019

4:00am – 6:00am

Field of Study

Taxation

Course Number

SU0523

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Basic

Vendor

Surgent McCoy CPE, LLC

Prerequisites

A basic understanding of the tax rules relating to individual income tax

Description

The Tax Cuts and Jobs Act of 2017 liberalized the use of certain methods of accounting for qualified small businesses for 2018 and later years. This program is a two-hour intensive webinar on these provisions.

Highlights

  • Eligibility for the cash method of accounting
  • Taxpayers no longer bound to follow the Uniform Capitalization Rules under Section 263A
  • Taxpayers eligible to use the completed contract method of accounting
  • How to change a method of accounting to take advantage of these new rules

Objectives

  • Understand the new rules relating to the ability of an eligible small business to use a more favorable method(s) of accounting resulting from changes made by the Tax Cuts and Jobs Act of 2017

Designed For

Tax practitioners who anticipate advising clients with respect to accounting method changes resulting from the Tax Cuts and Jobs Act of 2017

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$109.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$139.00
Your Price $139.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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