Fundamentals of Consolidated Returns
Overview
Learning Objectives
After completing this course, the learner should be able to:
- Analyze the advantages and disadvantages of filing consolidated tax returns for corporate groups.
- Evaluate the eligibility criteria for a group of corporations to file consolidated tax returns.
- Describe the compliance requirements and regulatory obligations for consolidated groups.
- Calculate consolidated taxable income, including intercompany eliminations and net operating loss (NOL) limitations.
- Identify and compute items that must be determined at the consolidated level, such as capital gains, charitable contributions, and dividends-received deductions.
- Determine changes in the stock basis of subsidiaries within a consolidated group.
- Explain the allocation of tax payments, liabilities, and estimated tax payments among members of an affiliated group.
Details
- Field of Study
- Taxes
- Credits
- 2.5 Credits
- Provider
- Becker Professional Education IRS Approved Program
- Knowledge Level
- Intermediate
- Advanced Preparation
None
- Course ID
- 40905/47603
- Publication Date
- 07/31/2026
- Planned Expiration
- 09/30/2027
- Prerequisites
None
- Field of Study
- Taxes
- Credits
- 1.5 Credits
- Provider
- Becker Professional Education IRS Approved Program
- Knowledge Level
- Intermediate
- Advanced Preparation
None
- Course ID
- 45241/54118
- Publication Date
- 07/28/2026
- Planned Expiration
- 09/30/2006
- Prerequisites
None
Instructor
Chris Messina
Chris Messina
Accreditations
- 1 year course access
- NASBA-approved content
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