Advanced Tax Planning S Corporations - Tax Staff Essentials

Look beneath the surface of S corporation taxation in this discussion of special topics concerning S corporations.

Learning 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.

-Apply the distribution ordering rules when an S corporation has accumulated earnings and profits.

-Evaluate the rules concerning fringe benefits received and expenses incurred by S corporation shareholder-employees.

-Apply the rules relating to qualified subchapter S subsidiaries (QSubs).

-Assess the corporate reorganization rules on S corporations.

-Calculate the Section 199A deduction.

Who will benefit:

- managers and partners in public accounting firms

- CPA sole proprietors specializing in taxation of S corporations

- tax Planning professionals

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. AICPA will issue and maintain your credits. Please make sure to download your CPE certificate from AICPA webcast portal at the conclusion of the webcast.