The complexity of S corporation tax law creates a formidable challenge to the tax
practitioner for accurate compliance and reporting of their client's S corporation
activities.
Join us as we discuss the common errors practitioners make on S corporation tax
returns that are often missed by review staff. The intent is to sharpen skills for
reviewers by examining case studies and discussing issues where additional
information from the client may be warranted and areas of tax law where proper
treatment requires additional analysis and information. Multiple issues will be
discussed including income, deductions, K-1 reporting, and more! This course
follows a highly illustrative case study format to increase participant
comprehension and retention.
Learning Objectives
- Identify common mistakes made on S corporation tax returns.
- Determine strategies to avoid making mistakes on S corporation tax
returns.
Major Topics
- Form 1120S
- Schedule K-1
- Schedule L
- Schedules M-1 and M-2
- Form 4562
- Form 4797
- And More!
