Reviewing S Corporation Tax Returns: What Are You Missing?
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Virtual
4.00 Credits
Member Price $225.00
Non-Member Price $269.00
Overview
A case-based approach to learning about the common errors practitioners make on S corporation tax returns.
Highlights
Common errors made involving the following tax forms:
Prerequisites
Experience with S corporation tax return preparation
Designed For
Objectives
- Identify the accounts that affect the accumulated adjustments account.
- Identify which items go on page 1 of Form 1120-S and which go on Schedule K.
- Determine how capital gains and losses are disclosed on Form 1120-S.
- Determine how wash sales and installment sales are treated by S corporations.
- Determine the tax consequences when a newly converted S corporation sells appreciated property it acquired while operating as a C corporation.
- Determine the tax consequences associated with the distribution of appreciated property by an S corporation to a shareholder in redemption of stock.
Non-Member Price $269.00
Member Price $225.00