S Corporation Taxation: Cutting Edge Tax Strategies – Webcast

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Cancelled - Nov 8, 2021

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

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. 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

All 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

If you would like to register for this event, please contact OSCPA at 800-255-1470, 503-641-7200, or email profdev@orcpa.org.


Leaders

George Koutelieris

George

George J. Koutelieris, CPA, MS-Tax, is a shareholder in the firm Johnson & Shute P.S. and a Member of Cutting Edge Tax Strategies, LLC. He is also an Adjunct Professor at Golden Gate University teaching various tax courses.

George’s practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners, with a concentration on the real estate industry.

George is a member of the American Institute of Certified Public Accountants and the Washington Society of Certified Public Accountants, where he is a former chair of the WSCPA’s Taxation Committee. George is also an active speaker on various tax topics, having presented in the past for all the State Societies on the west coast.

(3/19/21)

Gregory White

Greg White, CPA-WA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his tenth year as an adjunct professor at the Golden Gate University’s Seattle Campus where he teaches capital assets, tax accounting, and individual taxation. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named “Top 50” IRS Practitioner by CPA Magazine.

Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV, King TV, and Northwest Cable News. He is frequently in contact with Treasury, IRS, and other top government officials in Washington, D.C. as to late breaking guidance from the government and has been involved in making recommendations to them to help practically shape federal tax legislation and administrative guidance.

(11/2/20)