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Wednesday, February 12, 2025 Live Webcast

Understanding S Corporation Taxation: Compensation Issues and Entity-Level Taxes (X1-SCC2-2025-01-WEBNR-43-01)

9:00 AM - 11:00 AM EST
webcast

Vendor Platform

2 CPE Credits in TX

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. In this course, we will examine how S corporations break away from the normal tax rules for flow-through entities. We will explore which employee benefits are disallowed for S corporation shareholders, as well as which taxes are assessed at the entity level. Finally, we will discuss how state level taxation may have changed permanently with the addition of PTE elections.

DESIGNED FOR

Tax and financial advisors with clients who have formed S corporations

BENEFITS

  • Recognize the factors to consider when evaluating the reasonableness of S corporation shareholder compensation
  • Recall which fringe benefits will result in additional W-2 income for S corporation shareholders
  • Calculate the built-in gains tax and excess passive income tax
  • Identify the federal income tax implications of a PTE election at the state level

HIGHLIGHTS

  • Reasonable compensation
  • Fringe benefits for S corporation shareholders
  • Built-in gains tax
  • Excess passive income tax
  • Notice 2020-75: PTE elections

COURSE LEVEL

Intermediate

ADVANCE PREPARATION

None

INSTRUCTOR

Dave Peters

Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA

PRICING

$89.00 - Member

$109.00 - Nonmember

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Note: Online pre-registration will close on February 12 at 8:30 AM.

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COURSE DEVELOPER

Surgent

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