Tax Minimization Strategies When Computing Corporate Taxable

This course covers the computation of corporate taxable income.
Free tutorial
Rating: 4.6 out of 5 (19 ratings)
850 students
1hr 9min of on-demand video
English
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Recognize how to compute corporate taxable income
Explore tax minimization strategies regarding the sale and disposition of business assets
Explore how to minimize taxable income through the acquisition of business assets eligible for immediate expensing and bonus depreciation
Identify how to amortize organization and start-up costs
Recognize how to maximize the charitable contribution deduction
Explore the importance of the dividends received deduction

Requirements

  • No Advanced Preparation or Prerequisites are needed for this course.

Description

This course covers the computation of corporate taxable income, including:

  • The corporate tax formula
  • Accounting period and methods
  • What is included in income
  • Tax treatment of capital gains and losses
  • Sec. 1231 and Sec. 291 Gains 
  • Cost Recovery deductions, including immediate expensing and bonus depreciation
  • Amortization of organization and start-up costs
  • Charitable Contribution deduction
  • Dividends Received Deduction

Who this course is for:

  • Anyone interested in accounting, finance, or related fields.

Instructors

Condensed and Efficient Courses for Busy Professionals
Illumeo Learning
  • 4.1 Instructor Rating
  • 21,876 Reviews
  • 68,011 Students
  • 413 Courses

Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Cherie Hennig (Illumeo)
  • 4.6 Instructor Rating
  • 33 Reviews
  • 936 Students
  • 10 Courses

Cherie received her Bachelor's, Master's, and Ph.D. degrees in accounting from the University of Colorado. She began her career as an IRS revenue agent in Denver, Colorado and has taught numerous undergraduate and graduate tax courses at University of North Carolina, Wilmington, Florida International University, Colorado State University, the University of South Florida, and Virginia Tech. She has published numerous tax articles in many major tax journals, is an author or co-author of numerous tax texts, including Practical Guide to Schedule M-3 Compliance (Second Edition) and Contemporary Tax Practice: Research, Planning and Strategies (Second Edition), both published by CCH. She has written and taught numerous continuing professional education courses. She was a faculty intern with local and national CPA firms, and conducted research for the IRS Statistics of Income Division and the District Office of Research and Analysis. She is a member of the American Taxation Association, the American Institute of CPAs, and served on the Tax Executive Committee of the AICPA Tax Division.

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