Form 1120 Update and Review: Preparing Corporate Income Tax Returns
RegisterMember Price:
$69
Non-Member Price:
$89
Your Course Price: 99.00
CE Credits
2
Advanced Preparation
None
Course Level
Intermediate
Prerequisite
None
Course Instructor
Paul La Monaca CPA, MST
Delivery Method
Streaming/Online
Date
Wednesday, November 19, 2025
Time
IRS CE
None
NASBA CPE
None
CTEC Credits
Credits not offered
Schedule
Session Begins: 1:00 PM ET/12:00 PM CT/11:00 AM MT/10:00 AM PT
Session Concludes: 3:00 PM ET/2:00 PM CT/1:00 PM MT/12:00 PM PT
This course updates the seasoned and relatively new tax professional with the Federal Income Tax issues surrounding businesses that are structured as corporate entities and the filing of IRS Form 1120. The course introduces the tax professional on how to approach the preparation of the Form 1120 in a methodical, common-sense manner and the opportunity to understand the provisions of the Internal Revenue Code that are needed in order to properly prepare the corporate income tax return for tax year 2023 and beyond. The course discusses the proper manner in preparing the Schedules L, M-1 and M-2.
Upon completion of this course the Tax Professional will be able to better:
- Prepare Form 1120 with a solid base of understanding of corporate taxation. Recognize the concept of double taxation for the C-Corporation and the impact of the distributions to shareholders of the Corporation in the form of dividends, return of capital and capital gains.
- Understand the purpose of the corporate forms.
- Grasp the importance of the Schedule L Balance Sheet and the Reconciliation of Book to Tax Income on the Schedule M-1 as well as the Reconciliation of Retained Earnings on the Schedule M-2.
- Understand changes introduced in any current legislation impacting C-Corporations.
Administration: Streaming
Streaming Refunds
- Once your registration confirmation is emailed, due to the proprietary materials and content of Streaming orders are NOT ELIGIBLE for refund, cancellation, or transfer to another NSTP course.
Streaming Disclaimer
- Streaming materials and Streaming presentations are intended to stimulate thought and discussion and to provide attendees useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any tax procedure, tax planning technique, device or suggestion, or any of the tax consequences associated with them.
- Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual’s reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials, and during the seminar presentation, before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any device, technique, or suggestion before recommending the same to a client or implementing the same on behalf of a client, or on the attendee’s own behalf.
- Streaming materials & presentations are fully protected under copyright law. Any attempt to copy for resale, distribution, or use other than personal use for tax preparation will be fully prosecuted of the law.
- For streaming courses that offer course materials prior to the course date, cancellations, refunds, or transfers to another course are not allowed. Once the course material is emailed, there are no cancellations, refunds, or transfers to another course.
Attendance Monitoring and Awarding CE
- Streaming courses employ a pop up tool for tracking attendance. According to NASBA guidelines, you need to respond to at least three popups per hour to qualify for continuing education (CE) credits. We have included several additional pop ups throughout the course to ensure all participants have the opportunity to earn the full CE credits available. CE credits cannot be earned by participating in the streaming course via phone only.
Other Administrative Policies
- Access Link: You will receive an email with a link to access the course once your payment has been successfully processed.
More Information
For more information regarding refund, cancellation, and complaint policies, please contact our offices at 1(800) 367-8130.
Technical Information:
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