S Corporation Taxation: Advanced Issues (SCA4) [NON-CPE]

Overview

This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know about S corporations.

Major Topics:

  • Detailed rules governing basis in the shareholder’s debt and stock
  • AAA
  • Built-in gains incurred from the sale of assets
  • Redemptions and liquidations
  • Compensation planning for shareholders
  • Tax Cuts and Jobs Act of 2017

Learning Objectives

  • Examine operational issues, keeping track of AAA, and how to calculate basis, apply distribution rules, and avoid loss limitations
  • Describe corporate level taxes
  • Describe the rules governing the redemption and liquidation of an S corporation
  • Examine the issues in compensation planning in S corporations, including limitations in a family-controlled business
  • Be familiar with the results of the case studies that reinforce key learning points

Designed for:

CPAs whose practices include S corporations and their shareholders

Prerequisite:

Experience in S corporation tax return preparation

Advanced Preparation:

None:

 

Contact Allen Kinkle for login details [Akinkle@ksdt-cpa.com]

Date

Nov 02 2021
Expired!

Time

9:00 am - 12:30 pm

Labels

Tax

Location

Surgent CPE Webinars
Category
Surgent CPE Webinars

Organizer

Surgent CPE Webinars
Email
akinkle@ksdt-cpa.com
Website
http://www.surgentcpe.com