S Corporations: Key Issues, Compliance, and Tax Strategies – Tax Staff Essentials

December 15, 2025 6:00am - 2:00pm PST

(Check-In 5:30am PST )

Add to Calendar

Online

8.0 Credits

Member Price $349.00

Non-Member Price $419.00

Overview

Tax planning strategies for new businesses considering electing S corporation status, and the pros and cons of switching from a C corporation to an S corporation.

Highlights

Advantages and disadvantages of S corporations

Electing S corporation status

Termination of S corporation status

S corporation tax on built-in gains

S corporation pass-through to shareholders, basis and losses

S corporation distributions

Taxable year of S corporations

S corporation passive activity rules, fringe benefits and other considerations

Designed For

Public accounting firm staff and senior associates

CPAs

S corporation tax filers

Objectives

Recognize when an S corporation may be advantageous for a business.
Identify the potential disadvantages of operating as an S corporation.
Identify permitted fiscal years, elections, and user fees.
Recognize when the S election becomes effective.
Identify shareholder consent rules and causes of invalid elections.
Recognize events causing involuntary termination.
Recall the path to making a new election after termination.
Recognize when an S corporation is subject to tax at the entity level.

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!