S Corporations: Tax Planning Ideas and Strategies Webinar

• Understanding the tax consequences of making the S corporation election to the corporation and shareholders.
• Understand the application of the "qualified business income" deduction ( IRC 199A).
• Determining the tax costs and benefits of making or terminating the S corporation election.
• Identifying self employment / FICA - Medicare tax planning opportunities.
• Understanding how to plan to minimize the impact of the loss limitation rules.
• Identifying tax planning opportunities in years with losses and distributions.
• Understanding tax planning ideas when the S election is terminated.
• Determining the tax considerations related to buying or selling an S corporation.
• Determining when to make the QSUB, Section 338(h)(10), or 336(e) elections.
• Identifying tax planning opportunities at the death of the shreholder of an S corporation.
• Recall ideas to accomodate a "non-qualified" investor.
• Understanding the law related to trusts and tax exempt shareholders including ESOP's.
• To be able to evaluate the risk of disqualification based on a second class of stock.
• S corporation election compared to the Section 1202 stock tax incentive.

• Overview of the taxation of corporations and shareholder including making the S corporation election
• The decision to elect S corporation status—factors to consider
• Explanation and analysis of the application of the "qualified business income deduction (IRC 199A)
• Self employment tax and S corporations
• Distribution tax planning
• Planning to minimimize the impact of loss limitations
• Tax planning for years with both distributions and losses
• Termination Planning
• Tax planning regarding transfer of appreciated assets to an S corporation
• Buying and selling S corporations—tax planning ideas
• Tax considerations of using the QSUB, Section 338(h)(10), or 336(e) elections
• Tax issues to consider at death of S corporation shareholder
• Stock redemptions as a tax planning tool
• Accomodating a "non-qualified" investor
• Trusts and tax exempt exempt shareholders
• Second class of stock risks
• S corporation election compared to Section 1202 stock incentive