About this webinar
The S corporation remains one of the most common — and most misunderstood — entity choices for closely held businesses.
This focused session covers the planning that matters most: making and protecting the election, tracking basis, handling distributions, and defending reasonable compensation when the IRS pushes back.
What you'll learn
- Determine when an S corporation election makes sense for a closely held business.
- Calculate and track shareholder basis and its effect on loss deductibility and distributions.
- Apply the reasonable-compensation standard and document a defensible position.
- Identify common S corporation pitfalls that trigger IRS scrutiny.
Who should attend
CPAs advising small and closely held businessesTax preparers and enrolled agentsBusiness owners' advisorsStaff accountants
Your presenter
Gregory Hart, CPA
CPE Instructor — Business Taxation
Greg is a CPA who advises closely held businesses on entity structure, compensation, and tax planning.
Course information
- Field of study
- Taxes
- CPE credit
- 1 CPE Credit
- Program level
- Basic
- Prerequisites
- None
- Advance preparation
- None
- Delivery method
- Group Internet Based (live webinar)
What you'll need
- • A computer or device with internet access (Zoom)
- • To earn CPE: attend live and stay for the full session
- • Your join link will be emailed after you register