Navigating PTET, NIIT, and SECA for Pass-Through Entities

Overview

Excel is the most widely used analysis tool in the world and a great starting point for diving into data analysis. In this course, you’ll apply Excel’s native tools to structure your data into spreadsheets and tables. You’ll then analyze and produce insights from that data using pivot tables. Finally, you’ll visualize those insights by building a dashboard in Excel. You’ll apply these skills using modern functionality like dynamic array formulas, linked data types, Power Query, and Power Pivot. You’ll work hands-on with real-world scenarios, using datasets pulled from financial statements and retail sales.

Highlights

• federal tax updates
• IRS compliance guidelines
• automation for accountants
• PCAOB standards

Objectives

• Identify the differences between credit and corporate taxation models for PTET
• Determine how pro rata allocation impacts deductions and credits for PTEs
• Distinguish the self — employment tax treatment for general and limited partners
• Identify strategies to minimize tax liabilities related to NIIT and business — related investment income

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.