Don Farmer's Corporate & Pass-Through Returns Forms

Overview

This intermediate-level course provides a focused review of federal income tax reporting for C corporations, S corporations, and partnerships. Participants will examine key reporting mechanics of Forms 1120, 1120-S, and 1065, including Schedule K-1 preparation, book-to-tax reconciliation, and entity-level versus owner-level reporting distinctions. Emphasis is placed on common compliance risks, basis considerations, and areas of frequent IRS scrutiny. The course is designed to strengthen accuracy and consistency in business entity return preparation and review.

Highlights

• Overview of business entity federal income tax reporting • Key components of Forms 1120, 1120-S, and 1065 • Schedule K and Schedule K-1 reporting fundamentals • Book-to-tax reconciliation (Schedule M-1 focus) • Basis considerations affecting pass-through reporting • Common errors and IRS examination focus areas

Designed For

Tax Professionals

Objectives

Understand the latest 2026 developments in sales tax law, including key changes impacting multistate compliance.