Advanced Critical Tax Issues for S Corporations Webinar

Dec 12
10:00 - 6:00 p.m.

Online

8-Tax
CPE Credits

This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know. Even if you have attended other S corporation courses, you will learn something new in this course.
Highlights
  • Coverage of the Inflation Reduction Act of 2022
  • Final regulations on “eligible terminated S corporations” (ETSCs)
  • Cases, rulings, and tax law changes affecting S corporations
  • Compensation planning in S corporations, including limitations in a family-controlled business; self-employment tax issues, including IRS efforts to address underreporing of S corporation officer compensation
  • Use of redemptions: still some advantages
  • Planning for the liquidation of an S corporation
  • Tax issues for family ownership of S corporation stock
  • Impact of the tax on net investment income on sales of S corporation stock
  • Stock basis: Loss limitations, AAA, and distribution issues in depth
  • Debt basis: what the regulations on back-to-back loans mean to investors
  • Estate planning for S corporation shareholders, including buy-sell agreements, QSubs, ESBTs, and uses of life insurance
  • Built-in gains: the 5-year recognition period
  • S corporation structuring: one class of stock
  • Methods of accounting
  • Legislation on mortgage interest reporting, basis, statute of limitations, and tax return due dates

Registration

PICPA Member: $279
Nonmember: $389

More Information

Course No. ACTS-2023-01-WEBNR-346-01

Level: Advanced

Prerequisites: A basic course in S corporations; some experience in advising S corporations and their shareholders

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

Speaker(s)

Susan Smith

Smith & Associates