S Corporation Essentials: Stock & Loan Basis Reporting
Overview
This program addresses the critical issues and special opportunities facing S-corporations, with a focus on reporting shareholder basis and distributions.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate
Highlights
- Basis of stock and debt
- Form 1040, Schedule E
- Shareholder basis of indebtedness
- Limitation of deduction of losses
- AAA and distributions
Prerequisites
Basic working knowledge of S corporation taxation
Designed For
Experienced practitioners with S-corporation clients and members in industry working for an S-corporation
Objectives
- Apply the latest tax rules and regulations of S-corporations
- Identify shareholder basis and how to report it
- Identify planning opportunities and potential pitfalls when preparing S corporation client returns
Preparation
None
Leader(s):
Leader Bios
Doug Van Der Aa, Federal Tax Workshops
Douglas J. Van Der Aa, CPA, JD, has been a highly rated speaker and seminar leader for CPA Associations and other organizations throughout the country for more than 18 years. Doug has over 25 years of professional experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. He taught for 12 years as an Adjunct Instructor and for one year as Assistant Professor of Accounting and Taxation for Grand Valley State University's Seidman College of Business, where he taught in both the undergraduate and MST programs.
Non-Member Price $109.00
Member Price $79.00