December 15, 2023


8 Total CPE Credits


Webinar (CA): Corporate Income Tax Return Fundamentals 2023

  • Instructor

    George Shewchuk

Learning Objectives

• Understand new tax law and possible opportunities with clients
• Identify substantive tax issues involving regular corporations
• Recognize and identify book to tax differences
• Recognize gains and losses, Form 4797 and Secs. 1231, 1239, 1245, 1250 and 291
• Determine a workpaper format and approach to efficiently prepare corporate Form 1120
• Identify major corporate tax forms, including Form 1120 and related schedules
• Outline necessary steps to complete a complex sample corporate Form 1120, including workpapers and schedules
• Review case studies throughout the day and how presented in return
• Discuss certain elections
• A brief overview of issues associated with mergers and acquisitions

Major Topics

• Corporate structure entity choice comparisons
• Form 1120 and Schedule M-1 or M-3
• Items for book-tax differences
• Tax accounting methods
• Uniform capitalization rules, overview
• Minor discussion on depreciation: capitalization, gain, loss and recapture
• Carrybacks, carryforwards and credit
• Case Study and presentation in return
• Mergers and Acquisitions impact on the returns

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Basic



Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPAs, tax preparers and attorneys.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 299 299
  • COCPA Non-Member

    $ 399 399
    Your Price

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