Advanced Tax Planning S Corporations

Wednesday, November 25, 2020
Webcast or Webinar, Online
9:00 AM - 5:00 PM 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
$279.00 Regular Price
Non-Members
$339.00 Regular Price
Course Type: Webcast
Course Code: 20/AIATPS05
Level: Advanced
Vendor: AICPA CPE Division
Field of Study: Taxes

Overview:

As a tax practitioner, you need to understand the intricacies of the ever-popular S Corporation form of doing business and consider the tax affect various types of S Corporation distributions will have on its shareholders. Updated for the latest guidance on tax reform, this course examines planning and reporting successful complex S Corporation transactions. The uses of Qualified Subchapter S Subsidiaries are also explored to help you min-imize your client's tax bill with winning strategies related to this type of entity.

Objectives:

Apply the rules related to acquisitions and liquidations of S Corporations.

- Interpret the uses of trusts as S Corporation shareholders.

- Assess and Apply the complex rules of basis and distributions.

- Assess key points related to the use of redemptions in S Corporations.

Major Topics:

úS Corporation current developments: tax planning impact

úCompensation planning

úBasis in S Corporation stock

úDistributions

úUse of qualified subchapter S subsidiaries

úLiquidations, reorganizations, and redemptions

Estate planning and use of trusts

Designed For:

Managers and partners in public accounting who assist clients with tax planning for S Corporations

Prerequisite:

Basic knowledge of S Corporation taxation