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Surgent's Understanding S Corporation Taxation: Shareholder Basis, AAA, and Retained Earnings

 Various
 
2.0
Registration is Open
Member Price
$99.00 Regular Registration
Your Price
$104.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Wed, 06/18/2025 from 10:00 am to 12:00 pm
 Fri, 07/18/2025 from 1:00 pm to 3:00 pm
 Tue, 08/12/2025 from 10:00 am to 12:00 pm
 Thu, 09/11/2025 from 10:00 am to 12:00 pm
 Tue, 10/21/2025 from 10:00 am to 12:00 pm
 Wed, 11/26/2025 from 9:00 am to 11:00 am
 Mon, 12/22/2025 from 1:00 pm to 3:00 pm
 Thu, 01/15/2026 from 9:00 am to 11:00 am
 Tue, 02/10/2026 from 1:00 pm to 3:00 pm
 Currently available
Designed For:

CPAs and tax practitioners who work with S corporation business clients and S corporation shareholders

Prerequisite:

None

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. Given the rising popularity of S corporations, understanding how shareholder basis and the equity section of the balance sheet work together for tax purposes is imperative for nearly any tax practitioner. In this course, we will discuss this relationship. Using examples and illustrations, we will show how contributions, operating transactions, and distributions affect shareholder basis as well as equity.

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Basic

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Recognize the formula for calculating S corporation shareholder basis
  • Identify the items of income and deduction that are allocated to AAA, PTI, AE&P, and OAA
  • Calculate the tax effects of a distribution on shareholder basis and AAA

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.