Surgent's Advanced Critical Tax Issues for S Corporations (A (ACTS-DN)

Available Anytime |


This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know. Even if you have attended other S corporation courses, you will learn something new in this course.


Standard Registration: $125.00 Member / $225.00 Non-Member

Major Topics

  • Cases, rulings, and tax law changes affecting S corporations
  • Compensation planning in S corporations, including limitations in a family-controlled business; self-employment tax issues
  • Use of redemptions: still some advantages
  • Planning for the liquidation of an S corporation
  • Tax issues for family ownership of S corporation stock
  • Impact of the tax on net investment income on sales of S corporation stock
  • Stock basis: Loss limitations, AAA, and distribution issues in depth
  • Debt basis: what the regulations on back-to-back loans mean to investors
  • Estate planning for S corporation shareholders, including buy-sell agreements, QSubs, ESBTs, and uses of life insurance
  • Built-in gains: the 5-year recognition period is permanent 
  • S corporation structuring: one class of stock
  • Methods of accounting
  • Legislation on mortgage interest reporting, basis, statute of limitations, and tax return due dates 


Course Code:

Surgent McCoy CPE, LLC

Who should attend?
All practitioners and controllers who have attended a basic S corporation course and want to understand more complex issues and their practical implications