This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know about S-corporations.
* 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
* 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
Who Should Attend
CPAs whose practices include S-corporations and their shareholders
Experience in S-corporation tax return preparation
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.
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Also Available As
Tuesday, December 6, 2022 (1:00 pm–4:45 pm ET) , Morrisville
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