The New Tax Playbook: Modeling, Trade-Offs, and Smarter Client Advice

Overview

Analytical procedures evaluate financial information through the examination of plausible relationships among both financial and non-financial data. They also encompass such investigation, when necessary, of the identified fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount.

Highlights

Prerequisites

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Objectives

• Identify key tax reform provisions impacting R&E capitalization, bonus depreciation, and interest deductibility
• Recall when and why to engage specialized tax advisory resources for complex client situations
• Recognize common client misconceptions and oversimplified modeling approaches related to Sections 174, 168(k), and 163(j)
• Identify how tax planning strategies differ between entity types

Preparation

None.

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.