This is part one of a two course sequence on S corporation taxation. In this course, we will review the tax consequences of incorporation of a S corporation and S corporation election issues. The tax consequences of S corporation operations to both the corporation and shareholders will be discussed, along with how these items are properly reflected on the S corporation tax return.
Learning Objectives:
- Describe the tax consequences of forming a corporation.
- Explain the steps required to make a timely or late S corporation election.
- Describe the tax consequences of S corporation operations to both the corporation and the shareholder.
- Determine the proper entries for an accurate S corporation return.
Education Information
IRS Program Number: NMVBP-T-00201-22-O
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Online Webinar/Group Internet Based
Field of Study: NASBA Taxes; IRS Federal Tax Law Topics/Federal Tax Related Matters
Credit Hours: 2 CE/CPE
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor.
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here to learn more about our education policies.