ONESOURCE Income Tax Training




    Product:
    ONESOURCE Income Tax
    Category:
    CS; RS
    Title:
    Comprehensive Insurance Best Practices WebWorkshop
    Class Number:
    0364
    Class Type:
    Hands-on WebWorkshop
    Program Level:
    Basic
    Date:
    05/14/2010 - 05/14/2010
    Time:
    09:00 AM - 04:00 PM CT
    Hours:
    6
    Price:
    $500 Per Person
    Prerequisites:
    Attendees should have an understanding of corporate tax return preparation and be familiar with a Microsoft Windows environment. No advance preparation required.
    Description:
    This one-day, webworkshop will highlight best practices that save time and increase productivity. Hone your preparation skills as you walk through the 1120 PC and 1120 L return process. Learn how to verify your entity structure to aid in making sure your consolidation and e-file processes go smoothly. Discussions on review techniques, troubleshooting techniques and printing tips will help streamline your processing. You will learn how and where to input return data as well as DAC, S&S, and failed Life returns data.

    Topics:

    · Data Input
    o NAIC Transfer
    o TAS
    o Insurance Organizer
    o M-3
    · 1120-PC Tax Return
    o LRD
    o S&S
    · 1120-L Tax Return
    o DAC
    o Failed Life
    · Insurance Consolidations
    o Entity Structure
    o Divisions
    o Subgroup Consolidations
    o Nonlife Consolidations
    o Life-Nonlife Consolidations
    · Review and Troubleshooting
    o Using Insurance Summary Reports for Review and Troubleshooting
    o Review Techniques
    · Printing Insurance Returns
    o Print Preview
    o Selective Print
    · E-File Best Practices
    o Insurance Return e-File Tips
    o E-File Diagnostics

    Course Objectives

    · Understand the different ways to get data into Insurance returns
    · Know how to navigate in Insurance returns
    · Understand how to enter 1120-PC and 1120-L specialized data
    · Identify the correct entity structure for different types of consolidations
    · Know how to review returns and identify issues
    · Understand how to troubleshoot returns
    · Know how to use the various print processes
    · Understand the e-File process
    Delivery Method:
    Group Internet-based
    Maximum CPE Credits (If CPE is available):
    6 In accordance with the standards of the National Registry of CPE Sponsors, CPE credits are based on a 50-minute hour.
    CPE Field of Study:
    Specialized Knowledge
    CPE Category:
    How-to
    Class Maximum:
    6
    Seats Available:
    4
    Location:
    Address:
    City, State Zip:
    Webex, WebWorkshop
Thomson Tax & Accounting, Corporate Software & Services 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 addressed to the National Registry of CPE Sponsors,
150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org.