Description
Understand the intricacies of the ever-popular S corporation form of doing business and consider the tax effect that various types of S corporation distributions will have on the corporation's shareholders. Updated for the latest guidance on recently enacted tax legislation, this course examines planning and reporting successful complex S corporation transactions. The uses of Qualified Subchapter S Subsidiaries are also explored to help you minimize your client's tax bill with winning strategies related to this type of entity.
Highlights
Objectives
- Interpret the rules relating to the adjustment of basis in stock by S corporation shareholders.
- Calculate gain and loss on the distribution of property.
- Identify the rules concerning fringe benefits received by S corporation shareholder-employees.
- Apply the corporate reorganization rules to S corporations.
- Calculate the tax effect of a redemption of S corporation stock.
- Apply the rules relating to Qualified Subchapter S subsidiaries.
Designed For
Course Pricing
WYOCPA Member Fee
$332.00
Non-Member Fee
$403.00
Your Price
$403.00
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