Unlock the power of Lacerte for efficient business tax return preparation.

This webinar provides a comprehensive overview of Lacerte's capabilities for business returns, from common forms like 1040 (Business Use of Home), 1065 (Partnership), and 1120 (S-Corp & Corporate), to managing Qualified Business Income deductions and resolving balance sheet issues.

Ideal for new Lacerte users and those exploring the software, this session will demonstrate how Lacerte streamlines data entry and simplifies complex business tax scenarios, helping you confidently prepare and file returns.

Learning Objectives:

By the end of this webinar, you'll be able to:

• Enter business use of home expenses for 1040 returns.

• Efficiently allocate income and generate K-1 packages for Form 1065 Partnership returns using Lacerte.

• Enter officer compensation and shareholder distributions for 1120-S returns.

• Apply strategies to suppress unnecessary schedules and resolve common balance sheet issues for various business returns in Lacerte.

• Understand the process for entering and calculating Qualified Business Income (QBI) deductions.

Who should attend?

New Lacerte users and those exploring the software

Field of Study: Tax - Technical

CPE: 1

CE: 1

IRS Course ID: NESGF-T-00216-25-O