2019 S Corporation Taxation: Cutting-Edge Tax Strategies for the Tax Cuts and Jobs Act – NEW!

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May 8, 2019

Registration: 7:30 AM / Program: 8:00 AM - 4:00 PM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

Cover the most important topics while having fun. Learn how courts determine what "reasonable compensation" means in the S corporation area. How does “reasonable compensation” intersect with the new §199A QBID? We’ll cover this topic in depth. Also, learn how to save taxes when purchasing stock in an S corporation. 

By sheer number, S corps are still the entity of choice for many businesses. Therefore, tax practitioners need to be aware of the planning and potential traps associated with S corp taxation. Review real-world strategies that will assist your clients in reducing their tax liabilities while accomplishing their economic goals, as well as discuss cutting-edge tax strategies.

Designed For

CPAs.

Objectives

  • Determine how to apply rules related to acquisitions and liquidations of S corps
  • Determine when and how to use trusts as S corp shareholders
  • Determine circumstances where S corporations can increase the 20% QBID (“passthrough deduction”)
  • Determine circumstances where S corporations can reduce the 20% QBID (“passthrough deduction”)
  • Identify the complex rules of basis and distributions
  • Identify planning issues related to the use of redemptions in S corps

Major Subjects

  • S corp current developments: Tax planning impact
  • Compensation planning
  • Basis in S corp stock
  • Distributions
  • Use of qualified subchapter S subsidiaries
  • Liquidations, reorganizations and redemptions
  • Estate planning and use of trusts

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.