Join this webcast and learn how to speak effectively to new and current clients about how you can make the S Corporation business model work for them. We’ll cover the benefits and drawbacks of electing S Corporation status and why more business taxpayers favor the pass-through entity over the C Corporation, so you can feel comfortable explaining it to your clients. This webcast will explore the most misunderstood areas of S Corporations taxation and how businesses and shareholders can use them to their advantage.
Learning Objectives
Recall the advantages of electing S Corporation status
Identify the requirements to qualify for an S Election
Recognize individuals and entities that are eligible to own
S Corporation stock
Recall how to make a proper S Corporation election
Recall how income or loss passes through the S Corporation to the shareholders
Recognize the complex rules of distributions
Recognize active and passive income and determine material participation
Recall key points related to the Section 179 deduction
Major Topics
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