Watch Now: Business Tax Webinar 11/2

As 2023 draws to a close, we invite our valued business clients and friends to proactively assess their full financial picture to strategically plan their year-end tax optimization. It’s crucial to note that the majority of tax-saving strategies require implementation on or before December 31. AAFCPAs is poised to assist you in minimizing your tax liabilities, and we eagerly anticipate guiding you through the upcoming 2023-2024 tax season, ensuring a seamless and advantageous transition into the new fiscal year.

Tax strategies covered in this webinar included:

Federal Taxation

• Tax Credits
  • Employee Retention Credit: Do you qualify?
  • Research and Development Credits
  • New Energy Credit Opportunities
  • Other Federal Credits
• Section 174 Research and Experimental Expenditures
• Net Operating Loss Use and Limitation
• SALT Deduction Limitation Workarounds
• New IRS Funding

State & Local Taxation

• Significant Legislation/Cases on State Corporate Income Tax Along With Sales and Use Tax
• Updates From the Multistate Tax Commission
• Conformity of the States with Federal Tax Legislation
• Impact of Remote Workers
• Expansion of Sales Tax Nexus and Tax Base
• Pass-Through Entity Taxes
• State Credit and Incentive Programs
• State Tax Issues for Nonprofit Entities
• Canadian Tax Considerations

International Taxation

• Tax Reporting Issues Related to Foreign Person’s U.S. Source Income Subject to Withholding
• Schedules K-2s and K-3s for Partners and Additional Compliance Related to Foreign Partners
• FBAR and Form 8938 Compliance Considerations
• Permanent Establishment and Nexus Issues in the U.S. and Abroad
• Form 1120Fs and Protective U.S. Returns for Foreign Companies
• FINCEN Beneficial Owner Information Reports
• Additional International Tax Compliance and Planning Considerations

Download AAFCPAs’ Business Tax Webinar slides here. >>