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S Corporations: How to Calculate the Owner's Basis in S Corporation Stock Webinar

CPE

When
Jan. 17
9:30 - 11:30 a.m.

CPE Credits
2-Tax

Details

 Pricing

PICPA Member: $79 | Nonmember: $104


 More Information

Course No.
FTDSCH2
Level
Intermediate
Prerequisites
None
Note

This webinar is hosted by PICPA's partner, CPA Crossings. After registering, you will receive an email from CPA Crossings with the log-in information.

Description

To provide a thorough review and update of the tax issues related to S corporation owner's basis from formation through operations and concluding with sale and/or liquidation.

Highlights

  • Discusses the calculation of basis when the entity is formed including the impact of contributed property.
  • Explains the importance of shareholder loans to the entity.
  • Uses a comprehensive example to illustrate the mechanics of the basis determination process.
  • Discusses how basis is impacted by distributions of corporation property.
  • Explains how basis is impacted by sale and/or liquidation of the S corporation interest.
  • Shows how to get from the Schedule K-1 information to the basis calculations.


Speaker(s)


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