Description
This program addresses the critical issues and special opportunities facing S-corporations, with a review of recent legilsation its impact on the tax structure S- and C-corporations. A key focus of this program will be on shareholder basis and how to calculate and report it.
Objective
Upon completion of this course, you will be able to * Apply the latest tax rules and regulations of S-corporations * Identify the impact of recent legislation, including the TCJA and the CARES Act * Identify filing deadlines and extentions * Distinguish and define complex S-corporation issues
Highlights
* Recent tax legislation, rules, and developments impacting S-corporations, including TCJA, SECURE Act and COVID-19 related provisions * Accounting periods and methods * New Section 163(j) business interest expense limitation * Filing deadlines and extensions * Cash method of accounting and inventories * Percentage of completion * Basis of stock and debt * Reporting on Schedule E * Shareholder basis * Basis of indebtedness * S corporation open account debt * Limitation of deduction of losses * AAA and distributions
Who Should Attend
Experienced practitioners with S-corporation clients and members in industry working for an S-corporation, or those seeking and update on thorny S-corporation issues
Required Knowledge
Basic working knowledge of fiduciary accounting.
Advanced Prep
None
Event Speaker(s)
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
Monday, September 12, 2022 (8:30 am–12:15 pm ET)Register >>
Monday, October 3, 2022 (8:30 am–12:15 pm ET)Register >>
Monday, September 12, 2022 (8:30 am–12:15 pm ET)Register >>
Wednesday, February 1, 2023 (8:30 am–12:15 pm ET)Register >>
Tuesday, February 21, 2023 (8:30 am–12:15 pm ET)Register >>
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Registration Fees
| Registration | Early Bird | Regular |
|---|---|---|
| NCACPA Member | N/A | $145.00 |
| Non-Member | N/A | $195.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.