Timing Rules for Income Tax Compliance & Planning: Part II 2024

Overview

Master the key tax accounting method rules and concepts. Timing rules are crucial knowledge for computing taxable income, tax planning and accounting for income tax. Discover favorable methods for small businesses. Learn how to select and adopt a method of accounting. Plus, review method versus error, timing rules for income and expenses and inventory accounting. Examples and exercises are used throughout the course to illustrate relevant Internal Revenue Code, regulations, IRS rulings and court cases. Tax planning ideas and the relevance of tax timing rules to the income tax provision for financial accounting are covered. Be sure to register for both courses in this series: Timing Rules for Income Tax Compliance and Planning: Part I Timing Rules for Income Tax Compliance and Planning: Part II