Surgent's Guide to Calculating S Corporation Stock Basis and Creating and Maintaining Basis Worksheets (Webinar)
Space is available, but online registration has closed. Please call 952-831-2707 to register.
Monday, January 27, 2020
2.0 IRS CE approved
Taxes - Technical (2.0)
, PhD, LLM, JD, CPA
Standard member fee
Standard nonmember fee
to receive member fee.
This program discusses, in a practical way, how an S Corporation shareholder calculates his or her stock and loan basis. This topic is particularly important when an S Corporation has a loss and the shareholders wish to know whether they are entitled to fully utilize the loss that has been allocated to them against their other income.
Who should take this program?
Any tax practitioner with S Corporations or S Corporation shareholders as clients
How to determine S Corporation shareholder stock and loan basis
The positive and negative basis adjustments S Corporation shareholders make--and the order in which they are made
The election to reduce basis by deductible losses and expenses before reducing basis by nondeductible expenses
Shareholder loan basis rules
How to calculate an S Corporation shareholder's basis in his or her S Corporation shares
Understand and apply the S Corporation shareholder loan basis rules
NASBA ID#: 103212
Group Internet Based
Basic understanding of tax rules relating to S Corporations and S Corporation shareholders