S Corporations A-Z NO CPE (large)

Course Objectives

TaxSpeaker’s® S Corporations from A-Z class is always up-to-date for the latest legislative changes, guiding participants through all things S corp. The 2022 version includes a 66 page completed return including new Schedules K-2 and K-3! We include both instruction and practice to deliver a thorough understanding of how to prepare tax returns for S corporations. This involves full guidance through formation rules and elections, plus potential late elections, and terminations (including mid-year issues). We will also cover common operating tax issues encountered with S corps, such as owner fringe benefits, pension plans, reasonable compensation and income allocations. To conclude the course, your instructor will review with you any unusual S corporation needs you may need to be prepared for: terminating the S election, built-in gains taxes, Q-subs, and the extra rare 338 step-up election.