This program addresses the critical issues and special opportunities facing S-corporations, with a review of recent legislation 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.
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 extensions * Distinguish and define complex S-corporation issues
* 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
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 freestone[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
Thursday, December 1, 2022 (8:30 am–12:15 pm ET)
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