Preparing New York Income Tax Returns for Businesses

$49.00

This course will be an overview of: The New York economy and income tax structure. Calculating New York taxable income using federal income and applicable state adjustments. Calculating the New York state apportionment factor. How to accurately prepare New York tax forms for both corporate and pass-through entities. How to use New York state tax instructions to accurately prepare a business tax return. The filing requirements for different entities and which forms to use when filing a business income tax return in New York.

Field of Study:
Taxes
Instructor(s):
Skye Moench, CPA
Credit(s):
2.00
Course Format:
On Demand
Qualifies For:
IRS
Prerequisites:

None

Course ID:
10872/11900
Delivery Method:
Audio
Knowledge Level:
Basic
Advanced Preparation:

None

Publication Date:
06/25/2019
Planned Expiration:
12/30/2099
IRS Approved:
Yes
Provider:
Becker Professional Education
IRS Approved Program
Learning Objectives:

After completing this course, the learner should be able to:

  • Understand New York state's economy and tax structure.
  • Understand how to calculate New York taxable income and taxes due.
  • Understand major New York state adjustments.
  • Understand how to calculate New York apportionment.
  • Understand the process for filling out New York tax return forms.
  • Identify which New York state tax forms are used for which business tax filings.
  • Understand how to tie out key numbers on a New York tax return.
  • Understand both corporate and pass-through tax return filings in New York.
  • Use New York state instructions effectively when preparing returns.
  • Understand due dates, extensions, tax payments, and efiling requirements.