Format: Live Webinar
Date: May 19 - 21, 2026
Time: 9 am - 2 pm (Pacific Standard Time)
(Lunch break 11 am - 12 pm)
CE Credits: 12 hours of Tax Law
Ready to expand your services and start working with business clients?
Partnership and corporate tax returns are a key part of growing your practice, but they can feel overwhelming without the right guidance. This Level I training is designed to walk you through Forms 1065, 1120, and 1120S step by step, so you can understand how each return works and build the confidence to prepare them accurately.
What You'll Learn:
✔ Day 1: Form 1065 (Partnerships)
Understand how partnerships work and how to prepare Form 1065 from the ground up.
You will cover:
• Types of partnerships and entity classification
• How partnership income is allocated among partners
• Guaranteed payments and partner capital basics
• Filing requirements, due dates, and accounting methods
• Completing Form 1065 (Page 1) step by step
• Introduction to Schedule K and K-1
• Identifying common issues and audit risks
• Best practices for accurate preparation
Work through a guided, workshop-style example to see how the return comes together.
Presented by: Nejla Smith, CPA
✔ Day 2: Form 1120 (C Corporations)
Learn how C Corporations are taxed and how to prepare Form 1120 from start to finish.
You will cover:
• Corporate structure and how C Corporations are formed
• Understanding double taxation and how it impacts clients
• Reporting income, including gross receipts and other income
• Deductible expenses such as wages, rent, taxes, and repairs
• Depreciation, Section 179, and business credits
• Cost of Goods Sold (Form 1125-A)
• Completing key sections of Form 1120 step by step
• Identifying common mistakes and how to avoid them
Apply what you learn through a guided case study where you complete a corporate return.
Presented by: Josue Rojas, EA
✔ Day 3: Form 1120S (S Corporations)
Build a strong foundation in S Corporation returns and understand how income flows to shareholders.
You will cover:
• S Corporation requirements and eligibility (Form 2553)
• Pass-through taxation and how income is reported
• Shareholder basis fundamentals
• Preparing and allocating Schedule K-1s
• Separately vs non-separately stated items
• Common deductions and reporting requirements
• Completing Form 1120S step by step
• Avoiding common filing errors
Follow a step-by-step walkthrough with practical examples to reinforce each concept.
Presented by: Nadia Rodriguez, CPA
No prerequisites required. This course is designed for beginners and those new to business tax returns.
The webinar will be recorded and available to watch on-demand after the event.
By the end of this training, you’ll be able to confidently prepare Forms 1065, 1120S, and 1120 and start taking on higher-value business clients.