Instructor for this course
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This course covers the computation of corporate taxable expense, including:

  • Corporate tax compliance issues
  • Computation of the corporate tax expense including new taxes on large and multinational corporations
  • Computation of the effective tax rate after the 2017 tax act
  • Understanding and determining when to take advantage of various Business Tax Credits

Learning Objectives

  • Explore the compliance issues relating to the filing of a corporate tax return, including the requirement to reconcile financial and taxable income on Schedule M-1, including the computation of corporate estimated tax payments
  • Explore how to compute the Effective Tax Rate versus the Statutory Tax Rate and what strategies can be employed to reduce the effective tax rate
  • Explore the scope and importance of the most significant business tax credits
  • Explore the various business tax credits available to businesses
  • Explore how to take advantage of the Health Insurance Tax Credit for Small Employers
Last updated/reviewed: January 9, 2019

Prerequisites

Course Complexity: Advanced

No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:24Introduction to Computing Corporate Tax Expense After 2017
  17:26Form 1120 Overview: Schedules M-1, M-2, and M-3
  8:20Form 1120 Overview: Corporate Estimated Tax Payment & Required Payment redo
  4:55Form 1120 Overview: Additional Taxes Imposed by the 2017 Tax Act
  9:11Form 1120 Overview: AMT Credit Carryover from 2017
  15:03Form 1120 Overview: AMT Credit Carryover from 2017 Continued...
  8:03Computing the Effective Tax Rate: Tax Rate Reconcillation
  15:39Major Business Tax Credits: Overivew & Research and Experimentation Credit
  6:29Work Opportunity Tax Credit
  17:33Other Tax Credits
  8:38Health Insurance Tax Credit for Small Employers & Conclusion
CONTINUOUS PLAY
  1:54:40Computing Corporate Tax Expense After 2017 Full Video
SUPPORTING MATERIALS
  PDFSlides: Computing Corporate Tax Expense After 2017
  PDFComputing Corporate Tax Expense After 2017 Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM