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Advanced Tax Planning S Corporations - Tax Staff Essentials

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Online, ON 00000

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8.0 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.
  • Non-Member Price $419.00

    Member Price $349.00