Surgent’s S Corporation Taxation: Advanced Issues (SCA4) (SSTX89/19)

Event Description

This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know about S corporations.

Designed For

CPAs whose practices include S corporations and their shareholders

Objectives

• Discuss the conversion of a C corporation to an S corporation
• Examine operational issues, keeping track of AAA, and how to calculate basis, apply distribution rules, and avoid loss limitations
• Describe the rules governing the liquidation of an S corporation
• Examine the issues in compensation planning in S corporations, including limitations in a family-controlled business; self-employment tax issues
• Be familiar with the results of the case studies that reinforce key learning points

Major Subjects

• 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

Prerequisites

Three to five years of experience in S corporation tax return preparation

Instructions

When you purchase a Surgent CPE on-demand course, it must be taken by June 30, 2019, to receive credit.
Within 5 minutes after your purchase, you will receive an email from info@surgent.com that explains how to access your course and materials.
Once you complete a course, please allow up to 30 days to receive you certificate of completion.
If you have further questions, please email info@surgent.com or call 800.778-7436. Their help lines are staffed Monday-Friday from 8:30 am to 5 pm Eastern Time.