This course summarizes the major provisions of the most recent tax legislation impacting corporations and partnerships. In addition, the seminar will discuss recent court cases, rulings and regulations that have occurred over the past year which impact corporations, partnerships, and LLCs. Additionally, the seminar will discuss tax reporting, matters affecting business expenses, depreciation and Section 179, revised capitalization rules. New forms for nonprofits will be discussed and updates to the Texas Margin Tax will also be discussed as well as tax planning opportunities. Group live instruction. Level: Intermediate/update. No prerequisites or advance preparation required.