June 22, 2017


In-Person

Spectrum Beach Club
925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142


4 CPE

S Corporation Taxation: Advanced Issues

June 22, 2017
In-Person
4 CPE

S Corporation Taxation: Advanced Issues

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    Instructor

    Mike
    Frost

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Learning Objectives

  • Discuss the conversion of a C corporation to an S corporation
  • Examine operational issues, keeping track of AAA, and how to calculate basis, apply distribution rules, and avoid loss limitations
  • Describe the rules governing the liquidation of an S corporation
  • Examine the issues in compensation planning in S corporations, including limitations in a family-controlled business; self-employment tax issues
  • Be familiar with the results of case studies that reinforce key learning points

Major Topics

  • Detailed rules governing basis in the shareholder's debt and stock AAA
  • Built-in gains incurred from the sale of assets
  • Redemptions and liquidations
  • Compensation planning for shareholders

CPE Credits Available

4 CPE
4
Taxes

Spectrum Beach Club

925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142

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Things to Know About This Course

Course Level

  • Advanced

Professional Area of Focus

  • Tax

Prerequisites

A basic course in S corporations; some experience in advising S corporations and their shareholders.

Advanced Preparation

None

Intended Audience

CPAs whose practice includes S corporations and their shareholders

Provider

Surgent McCoy CPE

This event has ended.