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Course Detail

S Corporations: From Formation to Liquidation  

CATEGORY: Taxation
8 CPE Credits
Level: Basic

This webinar presentation takes a comprehensive look at S-corporations and their owners. Designed for practitioners with a basic understanding of S-corporations, this full day program analyzes the issues related to the life cycle of an S-corporation. Included in this “A to Z” webinar will be various provisions brought about the Tax Cuts and Jobs Act of 2017 (TCJA) that impact S corporations. 

Course topics include: 

  • S-corporation formation including provisions brought about by the TCJA of 2017 and a brief discussion of the 199A deduction (20% deduction as it pertains to S corporations
  • Operations of an S-corporation
  • Administration issues including making the s election (including late elections)
  • Built in gain (BIG) tax, excess net passive income tax, and LIFO recapture
  • Stock basis and debt basis
  • Transactions with owners including compensation issues
  • Distributions including changes brought about by the TCJA of 2017 pertaining to distributions from a S corporation that has E&P remaining from when the corporation was a C corporation
  • Terminations and revocations including a discussion of whether the S election should be revoked in light of the new tax legislation
  • Sale or liquidation of an S-corporation
Instructor: Chris Province
Instructor assignments are fluid and subject to change.

NOTE: The voluntary IRS Annual Filing Season Program (AFSP) requires that CE Sponsors collect PTINs from IRS professionals who wish to receive IRS credit. IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-431-9025. 


Please see outline below for webinar break schedule.

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