CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Live Webcast

MCM CPAs & Advisors – S Corps Advanced Workshop

8 Credits: Taxes
Event Date: September 22, 2022 7:00 am

$499.00

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MCM CPAs & Advisors – S Corps Advanced Workshop

Format
Live Webcast
Course Level
CPE Credits

8 Credits: Taxes
Event Date: September 22, 2022 7:00 am

Course Description

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Learning Objectives

Upon completing this course, participants will be able to:

  • Identify potential problems with the association “check the box” elections for LLCs becoming S Corporations.
  • Distinguish among alternatives for purchases and sales of S Corporations.
  • Understand the rules regarding Trusts as S Corporation shareholders, and the problems these rules can create for your clients.
  • Recognize some of the complex interplay among shareholder basis, taxable income, distribution and losses.
  • Understand why build-in gains may become problems for S Corporations, and develop some strategies to alleviate the issues.
  • Evaluate uses of Qualified Subchapter S subsidiaries in corporate combinations and divisions.
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Course Specifics

Course ID
LIVE-MCMCPA-2022-02
Prerequisites

None

Advanced Preparation

None

Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02077-22-O
IRS Federal Tax Law Credits: 8
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1812
CTEC Federal Tax Law Credits: 8

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.

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