Flash Alert. Hot Issues of 2016. Recent Developments. Steve will explain what you need to know about S Corporations.* He will discuss the recent legislative changes affecting S corporations. He will expand his discussion of the self-employment tax. He will update you on how the tax reform discussion would affect pass-through entities. These issues are significant by themselves. Together, they could affect your client’s choice of entity. Get up-to-date information; Sign-Up Now.
*Course material will be the new CCH, Inc. Seventh Edition textbook, which includes the updated chapter, The Effect That Code Section 1411 Has on S Corporate Shareholders, and a new section providing a comprehensive discussion on the tangible property regulations; plus Steve’s Supplemental Material.
This course will bring you up-to-date on the important tax issues affecting your clients operating as S corporations. S corporation taxation can be complicated. Congress, by enacting stiffer tax return preparer penalty rules has said, in essence, that you must be a knowledgeable tax preparer of these returns. Your instructor will address the important tax issues ranging from classification and formation to operations, distributions and dispositions, and terminations and liquidations. Learn when to use S corporations and why S corporations are the #1 business entity choice. While there are no prerequisites, parts of the course will seem basic, intermediate, or advanced, depending on your familiarity in the area.