As a tax practitioner, you need to understand the intricacies of the ever-popular S Corporation form of doing business and consider the tax affect various types of S Corporation distributions will have on its shareholders. Updated for the latest guidance on tax reform, this course examines planning and reporting successful complex S Corporation transactions. The uses of Qualified Subchapter S Subsidiaries are also explored to help you min-imize your client’s tax bill with winning strategies related to this type of entity.
S Corporation current developments: tax planning impact. Compensation planning. Basis in S Corporation stock. Distributions. Use of qualified subchapter S subsidiaries. Liquidations, reorganizations and redemptions. Estate planning and use of trusts.
Basic knowledge of S Corporation taxation
Apply the rules related to acquisitions and liquidations of S Corporations. Interpret the uses of trusts as S Corporation shareholders. Assess and Apply the complex rules of basis and distributions. Assess key points related to the use of redemptions in S Corporations.
Non-Member Price $339.00
Member Price $279.00