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Course Level :Basic
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Credits :1.5
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Pre-requisites :None
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Advance Preparation :None
An S corporation, also known as an S subchapter, refers to a type of corporation that meets specific Internal Revenue Code requirements. If it does, it may pass directly to shareholders, without having to pay federal corporate taxes. Usually associated with small businesses, S Corp status effectively gives a business the regular benefits of incorporation while enjoying the tax-exempt privileges of a partnership.
This CE/CPE E-Book is designed to raise tax professionals' awareness of all of the concepts and requirements needed to successfully operate an S Corporation.
The primary benefit of filing as an S corporation with the IRS is that you avoid double taxation, as this is considered a pass-through entity. A business that files as an S-Corp isn't taxed by the federal government.
Attendees of this CE/CPE E-Book will better understand the benefits and downfalls of S Corps to help clients make better decisions, legally pay less in taxes, and keep more money in their business.
The recent situations have come with a lot of changes in the laws governing business entities. It not only covers the updates in the law but its practical application such as submission as well. Especially in the case of S Corporation, there have been significant changes that have affected the operations and tax aspects in a major way. This E-Book encompasses major updates that are significant for the S corporation. Further, it takes a business perspective that can help you in your practice.
This Tax Strategy CE/CPE E-Book covers simple and powerful tax strategies that can be implemented today, along with sample agreements and worksheets for use in practice.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.
Account Executive, DKK Accounting, Inc.
Josh believes small businesses care about what they do and need the resources to keep their passion alive. He decided to dedicate his career to making small businesses better by providing them with the tools and knowledge necessary to succeed. Having earned his degree in Accounting, he is an Enrolled Agent and Accredited Business Accountant. He is also a Registered Tax Planner and Certified QuickBooks ProAdvisor. When Josh is not in the office, you will find him spending time with his family and friends.
DKK
Accounting started when Dale K. Koglin, CPA, EA, ATA, ATP obtained his first
corporate client before he was drafted by the United States Army. After being
honorably discharged he returned to his accounting practice and continued to
further his education in accounting. Later, he ended up purchasing an income
tax business where he learned the complexities of preparing tax returns for
farmers. Having been Dale K. Koglin Accounting for many years he partnered with
another professional and became D&W Accounting. When his partner passed
away the firm name changed back to Dale K. Koglin Accounting. Serving several
clients over the many years by himself, and having no luck with employees in
the past, he decided to take a chance on a young man and offered him a mentorship.
Having forged a bond between them after years of working together he decided to
pass the torch and name him as his successor. When Dale passed away in 2015 he
had been in business for over 59 years! After his passing the firm name changed
once again to DKK Accounting in order to modernize the business while keeping
his legacy alive.
31 Ratings
EK
Jun 23rd, 2022
Great course to provide an overview of the most important details about an S Corp.
KZ
Jun 27th, 2022
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