S Corporation Essentials: Review and Update

Description

This course addresses critical issues and special opportunities facing S corporations, with a focus on any new IRS guidelines on shareholder reporting. The impact of recent legislation on the tax structure of S and C corporations will be addressed, as well as the significant impact of the new Section 199A deduction on S corporations.

Highlights

• Recent tax legislation, rules and developments impacting S corporations.
• Form 1120S Schedule K-1 reporting.
• Guide to applying the new Section 199A deduction.
• Filing deadlines and extensions.

Objectives

• Apply the latest tax rules and regulations of S corporations.
• Discuss the new Section 199A rules and regulations and how they significantly impact S corporations.
• Distinguish and define complex S corporation issues.

Designed For

Experienced practitioners with S corporation clients and members in industry working for an S corporation or those seeking and update on thorny S corporation issues.