Year End Tax Planning for S Corps
Author: Jane Ryder
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This course discusses many considerations regarding year-end tax planning for S corporation shareholders. Including tax savings related to wages for maximizing QBI, hiring spouses or children, shareholder health insurance, reimbursed expenses, home office, business auto expense, retirement planning, and pass-through entity tax elections (PTET). With examples and details to understand the critical components of compliance in these tax saving matters such as reasonable compensation.
Publication Date: December 2025
Topics Covered
- S corporations
- Tax planning
- Year-End tax planning
- Reasonable compensation
- Reimbursement plans
- S corporation compliance
- Hiring spouses & children
- PTET
- Section 199A, QBI
- Home office
- Auto expense
Learning Objectives
- Identify the tax savings for keeping shareholder salaries lower
- Explain how to strengthen compliance matters related to shareholder salaries, health insurance and reimbursed expenses
- Identify best practices for helping clients understand and comply with S corporation compliance regs
- Determine tax savings available from maximizing QBI, retirement funding and PTET elections
- Explain how to develop a schedule to implement year-end tax planning with S corp shareholder clients
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
