September 15-24 |  Simulive Edition

Mastering Consolidated Returns: A Comprehnesive Overview for Tax Professionals is specifically designed to provide participants with a thorough understanding of the consolidated return regime. The program will equip attendees with the knowledge necessary to navigate the complexities of consolidated groups, covering both foundational principles and the detailed rules that apply in various circumstances. You also will gain insight into recent tax legislation, such as the Corporate Alternative Minimum Tax (CAMT), and related guidance that applies to consolidated groups. A top tax faculty will provide practical examples and provide opportunities to practice the application of the rules. Attendees will leave with a strong foundation in consolidated tax principles, empowering them to navigate compliance challenges and optimize tax planning strategies.

Attend this Series and learn:

The basics of affiliation and how to file a consolidated return

The effect of group structure changes and the continuation of a consolidated group

How to calculate consolidated taxable income and consolidated E&P

The application of the investment adjustment system

The intercompany transaction rules

The impact of excess loss accounts (ELAs)

Loss limitations applicable to a consolidated group

The unified loss rules

Learning Objectives:

Gain a clear understanding of the foundational principles of consolidated returns, including affiliation requirements, how to file a consolidated return, and the rules governing group structure changes.

Learn to calculate consolidated taxable income and consolidated Earnings and Profits (E&P), understand the investment adjustment system, intercompany transaction rules, and the implications of excess loss accounts (ELAs) and loss limitations in a consolidated group.

Understand the impact of recent tax legislation, such as the Corporate Alternative Minimum Tax (CAMT), on consolidated groups, and gain practical knowledge of how to navigate compliance challenges and optimize tax planning strategies.

Master the fundamentals of consolidated returns and gain practical insight into one of the most challenging areas of corporate tax.

Tax Executives Institute | meetings@tei.org | 202-638-5601