S Corporations Part 4: Ordinary Losses on Stock Sales, Exit Strategies, and K-1 Conformity (Completed)
Date: Thursday, February 12, 2026
Instructor: Greg White
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 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
Selling or exiting an S corporation can be complex—and costly if done incorrectly. In this webinar, tax expert Greg White, CPA, will guide you through strategies to maximize tax benefits and avoid compliance pitfalls. You’ll learn when shareholders can claim ordinary losses on stock sales, how to implement effective exit strategies, and the critical K-1 conformity rules that can impact reporting. Plus, discover advanced planning techniques like using “land banks” to optimize capital gains on future development projects.
Join us and gain actionable insights to help your clients navigate S corporation exits with confidence.
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
- Required K-1 conformity, and how to avoid when you disagree with the K-1 reporting
Learning Objectives
- Determine the requirements for claiming ordinary losses on the sale or worthlessness of S corporation stock
- Apply a range of exit strategies for S corporation shareholders
- Explain K-1 conformity requirements and the consequences of noncompliance
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
