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)
Looking for more? Browse all free Taxes CPE →
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