See Credit Details Below
While this program offers CPE (NASBA) credit, it has expired for CLE credit in many states. Please check the credit calculator below. No CLE certificate will be issued if credit has expired in your state.
Why You Should Attend
The Tax Cuts and Jobs Act effects the most significant changes to the Internal Revenue Code since the overhaul in 1986. The changes impact virtually every type of business and substantially rewrite significant aspects of the U.S. tax rules applicable to business operations. It is critical for tax directors and advisors to understand the new rules and how they will shape the structure and operation of businesses. At this new full-day program, our faculty, consisting of recognized tax experts will analyze and discuss the tax law changes.
What You Will Learn
• Understand the new domestic-focused tax provisions that impact businesses and individuals
• Consider the impact of the international provisions on transaction planning and consolidated returns
• Explore the impact of the TCJA provisions on state and local taxes
Plus you’ll have the opportunity to have your questions answered by our expert faculty throughout the program.
Who Should Attend
This program is designed for private practitioners, in-house tax professionals and anyone seeking a deeper understanding of these fundamental changes to the U.S. tax system.
- Recall the provisions of new Internal Revenue Code (IRC) §163(j) and how they differ from those of old §163(j).
- Recognize the impact of new Internal Revenue Code (IRC) §163(j) on partnerships and the issues associated with its application thereto.
- Identify the impact of new Internal Revenue Code (IRC) §163(j) on cross-border transactions.
This program will focus on:
- The provisions of new Internal Revenue Code (IRC) §163(j) and how they differ from those of old §163(j).
- The impact of new Internal Revenue Code (IRC) §163(j) on partnerships and the issues associated with its application thereto.
- Treatment of partnership interest income.
- Rules for carryforward of excess business interest.
- Treatment of excluded businesses conducted by a partnership.
- The impact of new Internal Revenue Code (IRC) §163(j) on cross-border transactions.
- Subpart F income.
- Tested income.
CPE Program Level: Update
Intended Audience: CPA’s, tax accountants, tax lawyers, taxpayers, and others seeking the latest information on the implications of the Tax Cuts and Jobs Act (TCJA) with respect to new IRC §163(j)’s limitation on the deductibility of business interest and its impact on transaction planning.
Prerequisites: A general understanding of new IRC §163(j)’s limitation on the deductibility of business interest imposed pursuant to the latest provisions of the Internal Revenue Code (IRC).
Advanced Preparation: None
Instructional Method: QAS Self-Study
Updated: April 2019
Credit Information: 1 CPE credit is available upon completion of this program’s 3 content-review questions and a minimum passing score of 70% on the 5-question final exam.