Advanced Tax Planning S Corporations - Tax Staff Essentials
Monday, November 18, 2024
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 AM) EST
8Credits
Technical Business
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$332.00 Regular Price
Non-Members
$403.00 Regular Price
Course Type: Webcast
Course Code: 24/AI514364
Level: Advanced
Vendor: AICPA CPE Division
Field of Study: Taxes
Overview:
Understand the intricacies of the ever-popular S corporation form of doing business and consider the tax effect that various types of S corporation distributions will have on the corporation's shareholders. Updated for the latest guidance on recently enacted tax legislation, 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.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.
- Identify the rules concerning fringe benefits received by S corporation shareholder-employees.
- Apply the corporate reorganization rules to S corporations.
- Calculate the tax effect of a redemption of S corporation stock.
- Apply the rules relating to Qualified Subchapter S subsidiaries.