S Corporations Part 4: Ordinary Losses on Stock Sales, Exit Strategies, and K-1 Conformity (Completed)

We’ll 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.

Topics Covered

• Exit strategies for S corp shareholders
• Taking ordinary losses on the disposition of S corp stock
• Perils of distributing appreciated assets from an S corporation

Learning Objectives

• Identify the requirements to take ordinary losses on the sale of S corporation stock
• Recognize hot to apply a wide variety of exit strategies for S corporation shareholders
• Identify the K-1 "conformity" requirements that apply to shareholders

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None