S Corporations: Key Issues, Compliance & Tax Strategies

Presenter

Bruce Nelson, Director of SALT, EKS&H, LLP

Overview

New or existing clients and businesses need assistance with the most misunderstood areas of S corporation taxation and how they can use them to their advantage. Prepare to explain the benefits and drawbacks of electing S corporation status and why business taxpayers may favor the pass-through entity over the C corporation. This course will give you the knowledge you need to speak effectively to potential business clients and existing shareholders about the S corporation business model that may work for them.

Learning Objectives:

Determine when an S corporation may be advantageous for a business.
Identify the potential disadvantages of operating as an S corporation.
Identify the requirements that must be met to qualify as an S corporation.
Recognize individuals and entities that are eligible to own S corporation stock.
Determine when the S election becomes effective.
Identify causes of voluntary and involuntary termination.
Determine whether an S corporation is subject to tax.
Determine income or loss that passes through to the shareholder.
Identify situations in which a fiscal year is allowable.
Recognize active and passive income.
Determine material participation

.Major Topics:

S corporation qualifications
Election of S corporation status
Termination or revocation of S corporation status
Pass-through of income and loss items to the shareholder
Distributions to S corporation shareholders
Reporting and filing requirements
Choice of year-end
Shareholder basis

8.0 CPE Credits

Registration

Registration is open through 11/13. Register by 10/13 for Early Bird Pricing.

Member Price

$379 / $329 Early-Bird pricing ends on 10/13/2024.

Nonmember Price

$479 / $429 Early-Bird pricing ends on 10/13/2024.

Retired, Part-time, Unemployed and Leave-of-Absence Members save an additional $50
AICPA Members save an additional $30

S Corporations: Key Issues, Compliance & Tax Strategies

S Corporations: Key Issues, Compliance & Tax Strategies

S Corporations: Key Issues, Compliance & Tax Strategies

Presenter

Overview

Registration

Member Price

$379 / $329 Early-Bird pricing ends on 10/13/2024.

Nonmember Price

$479 / $429 Early-Bird pricing ends on 10/13/2024.

Wednesday, November 13

Online

Register Now

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