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Wednesday, November 26, 2025 Live Webcast

S Corporations: Key Issues, Compliance, and Tax Strategies - Tax Staff Essentials (X3-4902597)

9:00 AM - 5:00 PM EST
webcast

Vendor Platform

8 CPE Credits in TX

OVERVIEW

New or existing clients and businesses need assistance with the most misunderstood areas of S corporations taxation and how they can use them to their advantage. Be prepared to explain the benefits and drawbacks of electing S corporation status and why business taxpayers may favor the pass-through entity over the C corporation. This course will give you the knowledge you need to speak effectively to potential business clients and existing shareholders about the S corporation business model that may work for them.

DESIGNED FOR

public accounting firm staff and senior associates CPAs S corporation Tax filers

BENEFITS

  • Determine when an S corporation may be advantageous for a business.
  • Identify the potential disadvantages of operating as an S corporation.
  • Identify the requirements that must be met to qualify as an S corporation.
  • Recognize individuals and entities that are eligible to own S corporation stock.
  • Determine when the S election becomes effective.
  • Identify causes of voluntary and involuntary termination.
  • Determine whether an S corporation is subject to tax.
  • Determine income or loss that passes through to the shareholder.
  • Identify situations in which a fiscal year is allowable.
  • Recognize active and passive income
  • Determine material participation.

HIGHLIGHTS

  • S corporation qualifications
  • Election of S corporation status
  • Termination or revocation of S corporation status
  • Pass-through of income and loss items to the shareholder
  • Distributions to S corporation shareholders
  • Reporting and filing requirements
  • Choice of year-end
  • Shareholder basis
  • COURSE LEVEL

    Basic

    PREREQUISITES

    None

    INSTRUCTOR

    James Harden

    James W. Harden, CPA, Ph.D., ChFC

    Ernst & Young LLP

    PRICING

    $349.00 - Member

    $419.00 - Nonmember

    Register Today


    Note: Online pre-registration will close on November 26 at 8:30 AM.

    ADDITIONAL OPTIONS

    Remind me to register

    Print a registration form

    COURSE DEVELOPER

    AICPA/NJCPA

    AREAS OF INTEREST