Advanced Tax Planning S Corporations - Tax Staff Essentials

Thursday, October 23 8:00am - 4:00pm CDT

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Webinar

8.00 Credits

Member Price $349.00

Non-Member Price $419.00

Overview

Look beneath the surface of S corporation taxation in this discussion of special topics concerning S corporations.

Highlights

-Basis in S corporation stock
-Distributions
-Compensation planning
-Qualified subchapter S subsidiaries
-Liquidations, reorganizations and redemptions
-Estate planning and the use of trusts
-Section 199A

Prerequisites

Working knowledge of S corporation taxation

Designed For

Managers and partners in public accounting firms

CPA sole proprietors specializing in taxation of S corporations

Tax planning professionals

Objectives

Interpret the rules relating to the adjustment of basis in stock by S corporation shareholders.
Calculate gain and loss on the distribution of property.
Apply the distribution ordering rules when an S corporation has accumulated earnings and profits.
Evaluate the rules concerning fringe benefits received and expenses incurred by S corporation shareholder-employees.
Apply the rules relating to qualified subchapter S subsidiaries (QSubs).
Assess the corporate reorganization rules on S corporations.
Calculate the Section 199A deduction.

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by AICPA.