Join expert Greg White, CPA, for this two part webinar series to cover the best strategies for S Corporation taxation.
In part 2, Greg will take a deep dive into maximizing the QBID for S corporations. We’ll cover the tax consequences of property distributions from an S corp (including circumstances where ordinary income is triggered). We’ll discuss how to decide whether shareholders should provide funds through loans or contributions.
We’ll also cover when clients can get ordinary losses on sales or worthless of S corp stock. We’ll discuss exit strategies for S corporation owners. We’ll take a deep dive into “land banks” – using S corporations to maximize capital gains on the sale of land that will later be developed. You’ll gain a deep understanding of strategies that minimize Federal taxes when your clients dispose of their S corporation businesses.
Who Should AttendTax practitioners who want to expand tax planning strategies of S corporations.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (4 hours)
Program PrerequisitesBasic understanding of preparing S Corporation returns.