- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
Form 1120S - Tax Compliance Issues
This course considers the filing requirements (e.g., deadlines) associated with Form 1120S and when an S corporation may be required to make estimated tax payments.
This course is most appropriate for the professional with detailed knowledge in S corporation taxation who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
identify the filing requirements associated with the Form 1120S,
recognize the basic components of identifying and other general information items required on Form 1120S Page 1 (General Information) and Page 2 (Other Information),
select the accounting methods available to an S corporation, and
recognize the requirements for an S corporation to elect a taxable year other than a calendar year.