Understanding S Corporation Taxation: Shareholder Basis, AAA, and Retained Earnings
Online
2.00 Credits
Member Price $79.00
Price will increase by $10 after 5/14
Non-Member Price $114.00
Price will increase by $10 after 5/14
Overview
Even though they have been around for several years, the tax laws pertaining to S corporations remain some of the more difficult areas of the Internal Revenue Code. Given the rising popularity of S corporations, understanding how shareholder basis and the equity section of the balance sheet work together for tax purposes is imperative for nearly any tax practitioner. In this course, we will discuss this relationship. Using examples and illustrations, we will show how contributions, operating transactions, and distributions affect shareholder basis as well as equity.
Objectives
Highlights
Designed For
CPAs and tax practitioners who work with S corporation business clients and S corporation shareholders
Prerequisites
None
Preparation
None
Notice
By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.
Leader(s):
Leader Bios
Don Cochran, Nichols Patrick CPE, Inc.
Don Paul Cochran, JD, CPA, CFP®, Don Cochran is a solo practitioner in Apple Valley, Minnesota. His 34 years of practice has been focused primarily in the areas of small business legal and tax consulting, and individual tax, estate, and financial planning. Don has practiced law in both Iowa and Minnesota. As a co-owner of Nichols Patrick CPE Inc. Don is much sought after as a presenter of CPE for seminars sponsored by state societies of CPAs, CPA firms, and associations of CPAs. He participates in Bisk Education’s nationally syndicated “CPE Network” video tax updates, updates Bisk manuals and is a featured speaker at several national tax conferences. In addition to being an attorney and Certified Public Accountant, he maintains his designations as a Certified Financial Planner®. He is a member of the Minnesota and Iowa State Bar Associations, and the Minnesota Society of CPAs.
Non-Member Price $114.00
Member Price $79.00