Back to Search

Corporate Tax Planning: Strategies and Ideas Webinar

CPE

When
Oct. 19
9:30 a.m. - 5:00 p.m.

CPE Credits
8-Tax

Details

 Pricing

PICPA Member: $295 | Nonmember: $400


 More Information

Course No.
4203116D
Level
Intermediate
Prerequisites
An understanding of the taxation of individuals, corporations, S corps and partnerships.
Note
None

Description

Identify the potential double tax system applicable to corporations and shareholders.Determine the differences between the corporate and the individual tax rate structures.Recall the tax law applicable to non-liquidating distributions, redemptions and liquidations.Determine how to use tax deductible payments to shareholders to avoid double taxation, including the risk of constructive dividends.Recall special rules related to stock losses.

Highlights

Review a variety of tax subjects to effectively use a corporation to conduct a business.Cover information with regard to deciding to make or not make an S corp election. Determining how to minimize double taxation while benefitting from lower corporate tax rates. Review topics such as the sale of the corporate business, stock redemptions, transfers of assets for stock, the risk of imposition of the personal holding company tax, and the accumulated earnings tax.


Speaker(s)

John McWilliams, CPA, JD is Professor of Accounting at Golden Gate University. Previously he was a Professor of Accounting at San Francisco State University. He began his career as a tax adviser with a Big Four CPA firm. For more than 30 years, while teaching, he has been a tax adviser to lawyers and CPAs regarding the tax matters of their clients. Areas of expertise include tax issues related to buying and selling privately held businesses, financially troubled businesses, business restructuring and reorganization and ownership succession to employees or family members. Mr. McWilliams is active in CalCPA, having served as president of the San Francisco Chapter, chair of the Financial Literacy Initiative, a member of the CalCPA Board of Directors serving as Vice Chair. He is currently a member of the Taxation Committee, the Financial Literacy Committe, and the Accounting Education Committee. He has served as a California representative to the AICPA Council and is currently a member of the AICPA Financial Literacy Commission. Mr McWilliams is author of two chapters of the CCH Expert Treatise Library : Federal Taxation of Corporations & Shareholders.


You May Also Like

Entity Choice—Tax Considerations Webinar
Oct. 30 | Webinar
Identify and evaluate differences in tax rates applicable to corporations and individuals.Explain and analyze the significance of the qualified business income deduction, IRC 199A.Recognize the potential for double tax for ...
Buying and Selling S Corporations: Tax Planning Opportunities Webinar
Nov. 10 | Webinar
Identify potential tax advantages or costs of making an S corp election.Recognize tax considerations of liquidating an S corp.Determine when to use Secs. 338(g), 338(h) (10), 336(e) and qualified subchapter ...
S Corporations: Allocation of Results Webinar
Nov. 23 | Webinar
Determine the general approach of allocating the tax results of an S corporation to the shareholders.Discuss the determination and consequence of "separately stated" itemsExplain how stock sales affect the allocation ...