Excess Deferred Management - Open Enrollment
This course will walk participants through how excess deferred taxes are organized and calculated in PowerTax, as well as in Tax Fixed Assets. Advanced topics will be discussed such as tax conventions, normalization schemas, partial retirements, book depreciation allocation, cost of removal timing differences, and more.
Objectives:
At the end of this course you will be able to:
- Define and analyze deferred tax concepts
- Apply strategies for removing excess deferred balances
- Evaluate the management of asset retirements' impact on deferred taxes
Intended Audience:
PowerTax and TFA Users
Additional Information:
Prerequisites: Familiarity with tax depreciation concepts and basic deferred tax concepts recommended
Advanced Preparation: None
Course Level: Intermediate
Delivery Method: Group Internet Based
CPE Credits = 4 (Tax)
Class will take place each day 10:00am-3:00pm(Eastern) with a one hour break for lunch from 12:00pm-1:00pm
In order to be awarded the full credits, participants must be present the entire training session and respond to 48 polling questions ( or 3 polling questions per hour) asked during this program. Credits will be rounded down to the nearest half credit.
We are unable to grant CPE credit in cases where technical difficulties preclude eligibility. CPE Program Sponsorship guidelines prohibit us from issuing credit to those not verified by the technology to have satisfied the minimum requirements listed above.
For information regarding refund, complaint, and/or program cancellation policies please visit our website
https://powerplan.com/support/powerplan-university/training-policy-1
PowerPlan 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. PowerPlan’s NASBA Sponsor Number is 105404