Build Your Tax Team’s Confidence and Capability — On the Job
The tax department plays a unique role within a company’s finance area. As such, tax departments face unique challenges. This program builds on concepts covered in the Compliance Fundamentals I program, delving deeper into intermediate book/tax differences and introduces participants to topics of increasing complexity including state and local taxes, share-based compensation, UNICAP, interest expense disallowance, and the reporting of international transactions consequences. This program progressively equips participants with the core technical and professional skills necessary to contribute to the workings of a busy corporate tax function. Illustrative examples simplify complex technical topics into practical how-to steps and introduce a methodical approach to problem-solving that promotes collaboration and incorporates process efficiencies.
What makes this training unique is the paced nature of the program (classes held every other week), live office hours with instructors on alternating weeks, and special guest lecturers who are expert practitioners that impart real-world scenarios and time-tested wisdom into the material. Online and instructor-led, access to program content is flexible and available through multiple devices, allowing working tax professionals to easily manage schedules and learn remotely. Our learning platform allows participants to connect and collaborate with peers and interact with instructors through Q&As and office hours. Step by step, the entire income tax compliance process is finally demystified.
Program Topics
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This class provides a basic overview of state income tax in the US Participants learn the concept of Nexus, as well as
the common modifications that adjust federal taxable income to state taxable income. -
This class offers participants an overview of the unitary business principle; an understanding of the methods used to apportion and allocate income; a discussion of the types of tax returns; and compliance process tips.
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This class reviews some of the more complicated book-tax differences that have not been covered in earlier classes.
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Participants gain an understanding of the various types of share-based compensation. This class focuses primarily on compliance implications to the employer corporation, as well as the implications to the employees receiving the compensation.
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This class provides a basic understanding of the rules under §263A and the general methods available to taxpayers.
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This class focuses on §163(j) and the limitations it places on a company’s ability to deduct interest expense.
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Participants gain an understanding of the concept and calculation of earnings and profits, as well as its importance.
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This class provides a high-level understanding of the federal income tax implications of owning foreign entities.
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This class discusses the new international tax regime enacted by the Tax Cuts and Jobs Act.
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This class provides a high-level practical discussion of accounting method changes, as well as introducing participants to other tax planning opportunities.
Who is this program for?
- Early career tax team members
- In-house tax professionals that are expanding into income tax compliance
- Those that have recently transitioned into a corporate tax role
CPE Credit
GTM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
FAQs
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Program participants will earn 1.5 CPE credit for every class they attend live. A total of 15 CPE credits are available to participants who attend the entire program live.
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Upon successful completion of each live class attended within the program, GTM Training Institute provides a verified digital certificate of completion granting CPE credit in accordance with NASBA standards.
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All classes will be recorded and available to registrants for viewing at their convenience. If you miss a live class, you will not be able to get CPE credit for that class. CPE credit is only issued when you participate in a live class.
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After successful completion of the program, a digital certificate from GTM Training Institute will be emailed to you in the name you used when registering for the program.
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Yes, discounts are available for two or more participants registering for the same session from your organization. Terms and conditions apply. For more information, speak with a GTM program ambassador.
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Once an organization expresses interest in enrolling one or more participants, a Services Agreement will be issued. When the signed agreement is returned, an invoice will be issued. Payment arrangements can be made to split the program fees over two fiscal years spanning the duration of the enrolled program session. Submit an inquiry to discuss in more detail.
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Yes, credit card payment is accepted. You can indicate your preference to pay by credit card in the additional comments field of the registration form.
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For the participant who enrolls in a program of study but discontinues attendance prior to completion of the program, the refund of any fees paid will be refunded as follows:
- Attend up to 2 classes: 100% refund
- Attend no more than 4 classes: 50% refund
- Attend 5 or more classes: 0% refund
