Watch Now: 2022 Year-End Tax Planning & Compliance for Privately Held Companies

Year-End Business Tax Planning

In this live webinar, AAFCPAs’ Business Tax Advisors covered Federal, State, and International tax planning strategies for privately held businesses. Listen to hear what you may need to consider now to optimize your 2022 tax position.

Topics Covered Include:

Federal Taxation:

• Tax Credits
  • Employee Retention Credit: Do you qualify, and how to calculate
  • Research & Development Credits
  • Other Federal Credits of which to be aware
• Net Operating Loss use and limitation
• Overview of the new IRS Form 7203: Used by S corporation shareholders to figure out the potential limitations of their share of deductions, credits, and other items that can be deducted on their returns

State & Local Taxation

• Significant legislation/cases in state corporate income tax and sales & use tax
• Impact of remote workers
• Potential pitfalls of use tax
• PTE tax updates
• State credit and incentive programs
• Due diligence considerations
• Canadian tax considerations

International Taxation

• • Permanent establishment and nexus in foreign countries, how outbound consulting and other activities across borders may require foreign tax return filing requirements
  • Tax treaties which can prevent assessment of tax in these situations
  • Form 1120Fs and protective U.S. returns for foreign companies.
  • Schedules K-2s and K-3s for partners and flow-through investors
  • Updates to GILTI tax and High Tax Exception
  • FINCEN reporting changes coming in 2023/2024

Watch this Webinar OnDemand:

Speakers

Richard Weiner, CPA, MST (moderator), Kevin Cassidy, CPA, MSA, Kelly Zack, MST, Anthony Dello Stritto, CPA, MST

Learn more about all of AAFCPAs’ upcoming webinars here: 2022 Year-End Tax Planning & Compliance for Individuals, Families, and Trusts and 2022 Year-End Tax Planning & Compliance for Cannabis Businesses or register for all three webinars below.