CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

S Corporation: Taxing Details

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
5 Credits: Taxes

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.

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.

Course Specifics

Course ID
8192641
Revision Date
February 14, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01494-20-S
IRS Federal Tax Law Credits: 5
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1390
CTEC Federal Tax Law Credits: 5

Course Instructor

Sharon Kreider Headshot
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 …

Sharon Kreider, CPA Read More »

S Corporation: Taxing Details

Expert Instructors
Format
CPE CREDITS
5 Credits: Taxes

$145.00$175.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
5 Credits: Taxes

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.

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.

Course Specifics

Course ID
8192641
Revision Date
February 14, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01494-20-S
IRS Federal Tax Law Credits: 5
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1390
CTEC Federal Tax Law Credits: 5

Course Instructor

Sharon Kreider Headshot
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 …

Sharon Kreider, CPA Read More »

S Corporation: Taxing Details

Expert Instructors
Format
CPE CREDITS
5 Credits: Taxes

$145.00$175.00

Clear