December 13, 2022


Live Webcast


8 CPE Credits

Advanced Tax Planning S Corporations

December 13, 2022
Live Webcast
8 CPE Credits

Advanced Tax Planning S Corporations

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    Instructor

    Cecil
    Nazareth

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Learning Objectives

  • • Interpret the rules relating to the adjustment of basis in stock by S corporation shareholders.


    • Calculate the basis limitations on losses.



  • • Apply the rules for cash distributions.



  • • Calculate gain and loss on the distribution of property.


    • Apply the corporate reorganization rules to S corporations.



  • • Calculate the tax effect of a redemption of S corporation stock.



  • • Identify the rules relating to the liquidation of an S corporation.



  • • Determine the effect of a shareholder's death on the S corporation.

Major Topics

• S Corporation current developments: tax planning impact


• Compensation planning


• Basis in S Corporation stock


• Distributions


• Use of qualified subchapter S subsidiaries


• Liquidations, reorganizations, and redemptions


• Estate planning and use of trusts

CPE Credits Available

8 CPE Credits
8
Tax

Things to Know About This Course

Course Level

  • Advanced

Prerequisites

Basic knowledge of S Corporation taxation

Advanced Preparation

None

Intended Audience

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

Provider

American Institute of CPAs (Durham)

This event has ended.