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.
Objectives
- Apply the latest tax rules and regulations of S-corporations
- Distinguish and define complex S-corporation issues
Highlights
- Recent tax legislation, rules, and developments impacting S-corporations
- S corporation shareholder basis in stock and debt
- S corporation open account debt
- Limitation of deduction of losses
- AAA and distributions
