2 Credits: Taxes
Navigating the intricate world of S Corporations presents a unique set of challenges for tax professionals, from compliance issues to understanding the nuances of Qualified Business Income (QBI). This course specifically addresses these complexities. Are you struggling to manage S Corp compliance effectively, or seeking ways to optimize tax savings through expense and deduction strategies? We offer a comprehensive solution that covers a wide array of current S Corp issues, including reasonable compensation, basis considerations, and shareholder reimbursement plans. Additionally, this online Webcast CPE course delves into the specifics of transitioning from a C Corp to an S Corp, managing asset transfers, and handling changes in shareholder percentages and the closing of an S Corp. Equipped with this knowledge, you will be able to develop robust plans and processes for managing your clients’ S Corp matters and advising them on critical changes and implications for their business and taxes.
Upon successful completion of this course, participants will be familiar with many tax planning, tax compliance, and tax savings aspects of S corps.
- Develop comprehensive plans and processes for managing clients’ S Corp compliance matters.
- Recognize expense and deduction issues unique to S Corp’s and how to maximize the tax savings.
- Identify, advise, and correctly report changes to S Corp shareholder ownership, changes from another business entity converting to an S Corp, and selling or closing an S Corp.
- Demonstrate how the business side of S Corps pass through and impact the taxes, loss limitations, and basis considerations of shareholders.
January 15, 2024
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02122-22-O
IRS Federal Tax Update Credits: 2
CTEC Course Number: 2071-CE-1697
CTEC Federal Tax Update Credits: 2
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Jane Ryder, EA, CPA is the owner of Brass Tax Ryder Professional Group, Inc., a full service tax and accounting firm. Brass Tax (not affiliated with Brass Tax Presentations) has been providing tax and accounting services since 1980. Jane received a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and with the Internal Revenue Service as an Enrolled Agent. Brass Tax is a business centric practice, preparing and consulting on the preparation of Corporations, S-corporations, LLC’s, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment …