S Corporation Taxation Strategies (Half-Day Webinar)
Date: Tuesday, October 6, 2026
Instructor: Greg White
| Begin Time: |
8:00am Pacific Time
9:00am Mountain Time
10:00am Central Time
11:00am Eastern Time |
| CPE Credit: |
4 hours for CPAs
4 hours Federal Tax Related for EAs and OTRPs
4 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Cover the most important topics while having fun. Learn how courts determine what "reasonable compensation" means in the S corporation area. Also, learn how to save taxes when purchasing stock in an S corporation. By sheer number, S corps are still the entity of choice for many businesses. Therefore, tax practitioners need to be aware of the planning and potential traps associated with S corp taxation. Review real-world strategies that will assist your clients in reducing their tax liabilities, while accomplishing their economic goals, as well as discuss cutting-edge tax strategies.
Topics Covered
- Treating unwritten advances as loans to shareholder
- Inadvertent S Corp terminations
- "Synthetic step-up" for new S Corp shareholders
- Deducting part of cost of stock redemption or stock sale
- Basis in S Corp stock
- Home office of shareholder/employee
- Unreimbursed shareholder expenses
- "Solo Ks"
- Trusts and estates as shareholders
- Be sure S Corp (not shareholder) reports income
- Maximizing sec. 199A (20% QBID)
- Reasonable compensation
- Subsidiaries - QSUB or SMLLC?
- Redemptions and stock sales
- Consequences of property distributions
- Post-death liquidations
Learning Objectives
- Recognize how to apply a strategy to get an asset basis step-up when a new shareholder is admitted to an S corporation
- Identify the best method to compensate shareholders for the use of a home office
- Learn the rules of “Solo (401(k)s” for small S corporations
- Identify how to make sure the IRS “respects” an S corporation (proper methods for executing contracts and other factors)
- Identify methods for computing “reasonable compensation” for shareholders
- Apply strategies for maximizing the section 199A QBID for shareholders
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (4 hours)
Program Prerequisites
None
Advance Preparation
None
