S Corporations: QSUB Elections Webinar

Jul 18
1:00 - 2:00 p.m.

Online

1-Tax
CPE Credits

Recognize the immediate and long term tax consequences of making or not making a QSUB election.
Identify situations where the QSUB election can be made.
Analyze the result of the "deemed liquidation" including unusual facts which can create complications.
Discuss situations where the election could be desirable or undesirable.
Explain the tax compliance requirements necessary to successfully make the QSUB election.

Highlights

Consider the factors that determine whether a QSUB election should be made. Discuss topics covering both immediate and long-term tax consequences and the process necessary to make the election.

If an S corporation owns 100% of the stock of another corporation, the tax consequences of the operation of the subsidiary will depend on whether the S corporation makes a 'qualified subchapter S subsidiary election' (QSUB election). This course will examine the tax compliance requirements necessary to successfully make the QSUB election.