2024 S Corporation Essentials: Review & Update
4.00 Credits
Member Price $129
Non-Member Price $159
Overview
This program addresses the critical issues and special opportunities facing S-corporations, with a focus on reporting shareholder basis and distributions.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Highlights
- Recent tax legislation, rules, and developments impacting S-corporations
- S corporation shareholder basis in stock and debt
- Schedules K-2 and K-3 reporting
- Basis of indebtedness
- S corporation open account debt
- Limitation of deduction of losses
- AAA and distributions
Prerequisites
Basic working knowledge of business and S Corporation taxation
Designed For
Experienced practitioners with S-corporation clients and members in industry working for an S-corporation
Objectives
- Apply the latest tax rules and regulations of S-corporations
- Identify shareholder basis and how to report it
- Distinguish and define complex S-corporation issues
Preparation
None
Leader(s):
Leader Bios
Douglas Van Der Aa, Federal Tax Workshops
Doug Van Der Aa, CPA, J.D., has been a discussion leader for Federal Tax Workshops, Inc., for the past 10 years. He has extensive experience in leading discussions in conferences, seminars and webinars. Doug has over 20 years of experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. Formerly, Doug was a tax manager with Hungerford, Aldrin, Nichols & Carter, P.C. in Grand Rapids, Michigan, where his practice concentrated on the tax needs of mid-sized closely held businesses, with their related pass-through entities, complex individual returns including AMT issues, together with their estates and trusts.
Non-Member Price $159
Member Price $129