Acquire a comprehensive understanding of the principles of partnership to file partnership income tax.
According to the Income Tax Act of 1961, a general partnership must submit a partnership firm income tax return. 30% of the overall revenue is the rate of taxation that applies to partnership firms. A general partnership must also pay an additional 12% income tax if its overall revenue exceeds 10 million rupees. Robert Steele, M.S. Tax, CPA, CPI & CGMA, designed the Partnership Income Tax (Form 1065) online certification, which is offered by Udemy.
Partnership Income Tax (Form 1065) online classes offer 4 hours of digital lectures supported by article and downloadable study materials which are intended for the applicants who want to acquire the knowledge of the income tax to establish a partnership form of business entity. Partnership Income Tax (Form 1065) online course revolves around topics like partnership income, sales, interest income, dividend income, COGS, M-1 adjustment, schedule k adjustment, depreciation schedule, income statement, balance sheet, and more.
Yes
Udemy
After completing the Partnership Income Tax (Form 1065) certification course, applicants will gain an insight into the foundational principles of partnership and will acquire an understanding of the strategies for filling partnership income tax returns using form 1065. Applicants will explore the techniques to use Excel to support tax data for a partnership tax return as well as will acquire knowledge of the concepts involved with taxation on dividend income, sales, interest income, and contributions. Applicants will learn about partnership income tax rate, income statements, balance sheets, COGS, and Form K-1as well as will gain expertise in schedule k adjustments, M-1 adjustments, sales of equipment, depreciation schedule, depreciation, tax-exempt interest, and tax return review.
Introduction
Mr Robert (Bob) Steele Instructor Freelancer
Other Bachelors, M.S
Brochure has been downloaded.
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