Schedule M-1 Disclosure of Book-Tax Differences after 2017
SKU: CPE-06-177
Credit Hours: 2
Category: Taxes
Delivery Method: Online Video
Instructor: Cherie Hennig, Ph.D.
Course Description:
This 2 hour course discusses Schedule M-1 which reconciles book and taxable income for corporations with assets less than $50 million.
This course will cover the following topics:
- Which corporations are required to complete Schedule M-1
- How to report book/tax differences on Schedule M-1
- How financial income reported on Schedule M-1 is used to reconcile beginning and ending retained earnings on Schedule M-2.
- A comprehensive example of Schedule M-1 and M-2 computation and reporting requirements is provided to reinforce your knowledge of the tax compliance process when disclosing book-tax differences.