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PPC's 1120 Deskbook

PPC's 1120 Deskbook - now with Interactive Practice Aids

Product Information

  • Frequency of Updates
    Online updated for new developments that impact returns.
    Print updated annually with one supplement as needed.


    NEW
    Checkpoint online now with Interactive Practice Aids!

  • Brand:
    Practitioners Publishing

Format

Price

Quantity

Book
Product Code:
T20P
$295.00
Online
Product Code:
T20Q
$315.00
$295.00
Purchase both print and eBook formats to save 37.5% in your shopping cart.

Given the IRS's emphasis on practitioner due diligence, proper preparation of your clients' returns is more important than ever. With the key issues, examples tied to filled-in forms, checklists, worksheets, and other quality control tools you'll find in PPC's 1120 Deskbook, you and your staff can solve the difficult, unclear, or misunderstood issues encountered when preparing Form 1120. The Deskbook points out elections and other tax-saving opportunities to take advantage of while preparing the return; plus, the tax planning roadmap highlights planning opportunities that you and your staff can pursue after busy season.

To provide the best preparation services for your clients, and to enable you and your staff to work efficiently and profitably, PPC's 1120 Deskbook provides:

  • A quality control template that guides you through a series of return preparation checklists, computational worksheets, sample elections and other practice tools that promote due diligence in the preparation and review of corporate returns.
  • Guidance on preparing accurate Forms 1120, 1120X, 1139, and related forms and schedules — including Schedules M-3 and UTP — with more than 75 completed forms, worksheets, and return statements.
  • Recent tax developments, such as the final regulations on capitalizing or deducting tangible property costs, dispositions of MACRS assets, and general asset accounts — with an emphasis on the favorable elections that can be made on Form 1120 and the accounting method changes that will be automatically approved by the IRS.

The Deskbook provides valuable tax practice tools, including a tax return preparation engagement letter, long and short form client organizers, an overall due diligence review checklist, long and short form return preparation checklists, and first year and final year return preparation checklists. In addition, the tax planning roadmap provides a quick and easy way of identifying post-busy season planning opportunities by reviewing your clients' completed tax returns.

  • 1120 Deskbook
    • INTRODUCTORY MATERIAL
    • Personal Service Corporations
      • Chapter 1: Personal Service Corporations
    • Tax Accounting Periods and Methods
      • Chapter 2: Tax Years
      • Chapter 3: Accounting Methods
      • Chapter 4: Inventory and Cost of Goods Sold
    • Income
      • Chapter 5: Dividends and the Dividends Received Deduction
      • Chapter 6: Sales/Exchanges of Capital Assets and Business Property
      • Chapter 7: Other Income Issues
    • PAL and At-risk Limits
      • Chapter 8: The Passive Activity Loss (PAL) and At-risk Rules
    • Deductions
      • Chapter 9: Domestic Producers Deduction
      • Chapter 10: Compensation
      • Chapter 11: Bad Debts and Debt Modifications
      • Chapter 12: Taxes and Interest
      • Chapter 13: Charitable Contributions
    • Depreciation and Amortization
      • Chapter 14: Depreciation
      • Chapter 15: Amortization
    • Benefits, T&E, and Autos
      • Chapter 16: Pension and Profit-sharing Plans and Other Benefits
      • Chapter 17: T&E, Club Dues, Gifts, Directors' Fees, Autos, and Airplanes
    • NOLs
      • Chapter 18: Net Operating Losses
    • Taxes, Credits, and Payments
      • Chapter 19: Alternative Minimum Tax
      • Chapter 20: Personal Holding Company Tax
      • Chapter 21: Accumulated Earnings Tax
      • Chapter 22: Credits
      • Chapter 23: Tax Payments
    • Schedules M-1/M-3 and M-2
      • Chapter 24: Schedules M-1 and M-3 (Reconciling Book to Tax Income) and Schedule UTP (Uncertain Tax Positions)
      • Chapter 25: Balance Sheet (Schedule L), Retained Earnings (Schedule M-2), and Earnings and Profits
    • Commonly Owned Corporations
      • Chapter 26: Controlled Groups
      • Chapter 27: Consolidated Returns
    • Related Party Rules
      • Chapter 28: Related Party Rules and Shareholder/Corporation Transactions
    • Capital Issues
      • Chapter 29: Stock Purchases Treated as Asset Acquisitions (Sections 336 and 338)
      • Chapter 30: Limitations Due to Ownership Changes (the Section 382, 383, and 384 Rules)
      • Chapter 31: Sections 1244 and 1202 Stock
    • Incorporation and Liquidation
      • Chapter 32: Incorporation
      • Chapter 33: Liquidation
    • Filing the Return
      • Chapter 34: Filing Form 1120
      • Chapter 35: Amended Returns, Claims for Refunds, and Assessments of Tax
    • QUICK REFERENCE TABLES
      • CORPORATE TAX RATES
      • TRAVEL & ENTERTAINMENT
      • ALTERNATIVE MINIMUM TAX
      • INTEREST
      • LIFE INSURANCE
      • PENALTIES
      • STATUTE OF LIMITATIONS
      • MISCELLANEOUS
    • CHECKLISTS
      • RETURN PREPARATION
      • INCORPORATION, CAPITALIZATION, AND LIQUIDATION
      • ACCOUNTING METHODS AND PERIODS
      • EMPLOYMENT AND COMPENSATION
      • OTHER TECHNICAL ISSUES
      • MISCELLANEOUS
    • DEPRECIATION TABLES
      • RECOVERY PERIODS
      • SUMMARIES
      • MACRS PERSONAL PROPERTY
      • MACRS REAL PROPERTY
      • ADS PERSONAL PROPERTY
      • ADS AND ACE REAL PROPERTY
      • AMT PERSONAL PROPERTY
      • ADJUSTED CURRENT EARNINGS
      • PRICE-BASED INCOME INCLUSIONS FOR AUTOS
      • AUTOS AND OTHER LISTED PROPERTY
    • ELECTIONS
      • ACCOUNTING METHODS
      • ALTERNATIVE MINIMUM TAX INVENTORY ACCOUNTING
      • AMORTIZATION
      • CONSOLIDATED RETURNS AND CONTROLLED GROUPS
      • DEPRECIATION
      • DISCHARGE OF INDEBTEDNESS
      • DIVIDENDS
      • NET OPERATING LOSSES
      • PASSIVE ACTIVITY LOSSES
      • SECTION 338
      • MISCELLANEOUS
      • UNICAP
    • STATEMENTS, CONSENTS, AND DISCLOSURES
      • PERSONAL HOLDING COMPANY TAXES
      • CONTROLLED GROUPS AND CONSOLIDATED RETURNS
      • SECTION 351
      • SECTION 1244
      • MISCELLANEOUS
    • WORKSHEETS
      • ACCUMULATED EARNINGS AND PERSONAL HOLDING COMPANY TAXES
      • ALTERNATIVE MINIMUM TAX AND MINIMUM TAX CREDIT
      • CARRYOVERS
      • DEPRECIATION, REPAIRS AND IMPROVEMENTS, AND AMORTIZATION
      • INSTALLMENT SALES
      • NET OPERATING LOSSES
      • ACCOUNTING METHOD ADJUSTMENTS
      • RECAPTURE
      • SCHEDULE M-1 AND EARNINGS AND PROFITS
      • MISCELLANEOUS
    • OTHER PRACTICE AIDS
      • PRACTICE AIDS
      • PRACTICE MANAGEMENT
    • Roadmap to C Corporation Tax Planning
    • INDEX
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  • Checkpoint PPC Deskbooks Brochure View
  • PPC's 1120 Deskbook - List of Substantive Changes (Oct 2016) View