24WA-0148: S Corporation Checkup: Key Tax Issues & Forms Reporting (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Tuesday, April 16, 2024
12:00pm - 3:45pm Central Time
4 CPE (4 technical) | 4 IRS CE
A detailed analysis of the calculations related to determining a shareholder's tax basis for S Corporation shares and loans. How to use the Form 1120S, Schedule K-1 information for basis determination, as well as an update on Schedules K-2 and K-3. An illustrative example demonstrates how the process works, as well as the many potential pitfalls.
Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Major subjects
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Discuss the calculation of basis when the entity is formed including the impact of contributed property
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Explain the importance of shareholder loans to the entity
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Schedules K-2 and K-3
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S Corporation losses and how they impact Form 1040 Schedule E reportin
Learning objective(s)
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Apply recent legislative development impacting S Corporations and their shareholders
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Identify the tax issues related to S Corporation owner's basis for shares and loans from formation through operations and concluding with sale and/or liquidation
Who should take this program?
CPAs working in public accounting firms and/or working for an S Corporation
Fees
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you are a
nonmember.
If you register, you will be charged
$129.00
(Standard Nonmember Fee).
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Standard Member Fee |
$129.00
|
 Standard Nonmember Fee |
$129.00
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