Course

Advanced Tax Planning S Corporations - Virtual Only

View All Professional Development

Event Details

Wednesday, October 20, 2021

8:00am – 4:00pm
(Registration: 7:30am)

Location

Facility Pending

Webcast Only

Field of Study

  • Taxes

CPE Credit

8 hours CPE credit

Course Code

TSEATPSC-42

Instructor

Level of Knowledge

Advanced

Vendor

AICPA

Prerequisites

Basic knowledge of S Corporation taxation.

Description

All materials will be electronic only

As a tax practitioner, you need to understand the intricacies of the ever-popular S Corporation form of doing business and consider the tax affect various types of S Corporation distributions will have on its shareholders. Updated for the latest guidance on tax reform, this course examines planning and reporting successful complex S Corporation transactions. The uses of Qualified Subchapter S Subsidiaries are also explored to help you minimize your client's tax bill with winning strategies related to this type of entity.

Highlights

  • S Corporation current developments: tax planning impact
  • Compensation planning
  • Basis in S Corporation stock
  • Distributions
  • Use of qualified subchapter S subsidiaries
  • Liquidations, reorganizations, and redemptions
  • Estate planning and use of trusts

Objectives

When you complete this course you will be able to:

  • Apply the rules related to acquisitions and liquidations of S Corporations
  • Recall the uses of trusts as S Corporation shareholders
  • Recognize and apply the complex rules of basis and distributions
  • Recall key points related to the use of redemptions in S Corporations

Designed For

Managers and partners in public accounting who assist clients with tax planning for S Corporations.

View All Professional Development