Self-Study
5
Overview
Taxes
None

Course Description

This course includes subject matter that identifies and explains the taxation details of, S Corporations and includes changes to forms and processes for 2019. After completing this course, the learner will, identify tax code impacts on S Corporation shareholders under Section 199A, Qualified Business Income Deduction (QBI). Identify characteristics of an S Corporation as well as advantages and disadvantages of an S election. Cite the rules and regulations applicable to S Corporations. Identify payroll tax and fringe benefit issues in S Corporations, including the impacts on health insurance and retirement plan contributions. Cite rules regarding the stock and debt basis for a S Corporation shareholder. Cite rules and regulations impacting S Corporation terminations and final distributions and the impacts of shareholder death. Identify issues and considerations related to the built-in gains tax (BIG) and the 'sting” tax. Cite rules and regulations relevant to shareholder dispositions of S Corporation ownership and liquidation of the S Corporation.



Instructor

Sharon Kreider, CPA

Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education.



Course Specifics

Taxes
Feb 14, 2020
None
SS8192641
123
None


Compliance Information

103220
IRS Provider #: 0MYXB
IRS Course ID: 0MYXB-T-01494-20-S
IRS Federal Tax Law Credits: 5
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1390
CTEC Federal Tax Law Credits: 5
Qualifies for CA Fraud: No


Learning Objectives

•Identify tax code impacts on S Corporation shareholders under Section 199A, Qualified Business Income Deduction (QBI).

•Identify changes to forms and processes for 2019.

•Identify characteristics of an S Corporation as well as advantages and disadvantages of an S election.

•Cite the rules and regulations applicable to S Corporations.

•Identify payroll tax and fringe benefit issues in S Corporations, including the impacts on health insurance and retirement plan contributions.

•Cite rules regarding the stock and debt basis for a S Corporation shareholder.

•Cite rules and regulations impacting S Corporation terminations and final distributions and the impacts of shareholder death.

•Identify issues and considerations related to the built-in gains tax (BIG) and the 'sting” tax.

•Cite rules and regulations relevant to shareholder dispositions of S Corporation ownership and liquidation of the S Corporation.



Choose Your Preferred Format


Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy


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