Best Workshop on S Corporation (Form 1120S) Tax Return Review & Case Study (NEW)

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs an S corporation course focusing on the hottest tax topics and most frequently encountered issues. This case-driven online CPE/CE webinar will deal with both S corporation and shareholder developments addressing the most common, yet complex Federal S corporation issues and problems.

This online CPE/CE class will review S corporation tax law by looking at case studies addressing issues and problems at both the S corporation and shareholder level.  Each attendee will receive the most comprehensive reference manual with numerous practice aids and real-world examples and case studies. 

The topics included in this online CPE/CE webinar:

• An extensive review of the S corporation tax laws with an emphasis on any new legislative changes (SECURE & CURES Act) including the Tax Cuts & Jobs Act (TCJA) new 20% qualified business income (QBI) deduction and changes to the interest deduction, fringe benefits, and entertainment expenses 
• Requirements to make an S election (i.e., types and numbers of shareholders and the second class of stock issues)
• Fixing late S corporation elections (i.e. Form 2553)
• S corporation formation (§351) and liquidation issues
• Revocation and termination of S corporations
• Schedule K and K-1 – separately & non-separately stated income and expense items
• Compensation issues including the tax treatment of fringe benefits
• Built-in gains tax and other planning opportunities when converting a C to S corporation
• Preparation of the Schedule M-2 and the ordering rules for distributions out of the AAA, PTI, E&P and OAA accounts
• Tax treatment of stock redemptions (sale or distribution?) 
• Overview of a shareholder stock and debt basis and deductibility of losses

J. Patrick Garverick is one of the most admired and best-reviewed Tax Speaker in the country and we are offering the classes at a much-discounted price during the pandemic. His courses have been best-reviewed time and again 

• For Quality of Content
• For Relevance and Practical Case studies
• For Best Teaching Approach
• For Best Course Material

Awards and Accolades

• Award for Instructor Excellence for California Education Foundation
• Award for Outstanding Course materials for California Education Foundation.
• Rated top tax instructor in nearly every location he has presented 
• One of the few instructors to have received perfect scores (multiple times) from attendees for both presentation skills and knowledge. 

During this webinar, you will get Free E-Book worth $200. The book will be shared with you during the webinar. The book is copyright protected.