NTA2305. Current Tax Developments for Business

Coverage of the most significant court decisions, federal tax regulations and IRS rulings in 2023 relevant to all types of businesses and entities. These developments involve deductions, accounting methods, property transactions, credits, and more. Highlights of any federal legislation enacted this year as relevant to businesses and federal tax form changes is covered. Due diligence and planning ideas are emphasized throughout.

Learning Objectives:

• Identify tax planning and compliance points from any 2023 federal tax legislative changes, significant court cases, regulations, and IRS rulings.
• Apply 2023 rulings that represent new legal interpretations for taxation of businesses.
• Identify due diligence actions to take based on 2023 tax law developments.