Mastering Corporate E&P Calculations and Rules: Maintaining Current Earnings and Profits Balances
Computing Current and Accumulated E&P Schedules and Adjustments
Recording of a 110-minute CPE webinar with Q&A
This webinar will provide corporate tax professionals and advisers with detailed and advanced practical guidance on the calculation of a corporation’s earnings & profits (E&P). The panelist will discuss the accounting rules and principles for calculating both current and accumulated E&P, detailing current increases and decreases to E&P, adjustments for depreciation differences, effects of distributions on E&P, and the tax impact of transactions affecting E&P.
Outline
- Definition of E&P and where it applies
- Current E&P calculations
- Increases to E&P
- Decreases to E&P
- Adjustments for depreciation differences
- Effects of distributions on E&P
- Tax treatment of transactions and events dependent on E&P
- Accumulated E&P analysis
- Workpaper methodology for calculating E&P and maintaining schedules
Benefits
The speaker will address these and other key points:
- The differences between retained earnings and E&P
- How to calculate current year E&P, with discussion of increases and decreases to E&P
- How to calculate accumulated E&P and what information is needed for calculations
- Examples of tax treatment of distributions under various E&P scenarios
Faculty
Jason W. Malinowski
Tax Director
PricewaterhouseCoopers
Mr. Malinowski leads a national team that specializes in Stock Basis, Earnings & Profits (“E&P”),... | Read More
Mr. Malinowski leads a national team that specializes in Stock Basis, Earnings & Profits (“E&P”), and asset basis studies. He manages some of the firms’ largest E&P and Basis projects, across a variety of industries. He co-authored multiple articles in this area and frequently makes presentations on these topics.
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