2016 S Corporation Update (Completed)

Date: Monday, September 26, 2016
Instructor: Robert Barnett
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Updates for CTEC
2 hours Federal Tax Law Updates for EAs and OTRPs

S corporations continue to play an important role in business structure. If the specific rules and requirements are not followed, this special tax status may be lost resulting in significant increases in corporate taxation. This lecture will focus on new cases and rulings with specific attention to avoiding traps and pitfalls.

Who Should Attend
All practitioners involved in corporate return preparation and transactions.

Topics Covered

  • S Corporation — Election and Qualification
  • Passive Activity and 3.8% Medicare Surtax
  • Loss Utilization and Basis
  • Open Account Debt Regulations
  • Shareholder Loans
  • Compensation Issues

Learning Objectives

  • Identify how to avoid traps and pitfalls in S corporation business structure
  • Recognize new opportunities and risks in corporate taxation
  • Identify planning opportunities for your client


Live webcast

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
A basic understanding of S corporations.

Advance Preparation

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