Preparing S Corporation Returns On-Demand Online Workshop

8 CPE for AFSP, EA, CPA, CRTP

Premium: $0 | Professional: $203 | Basic: $257 | Nonmember: $270

Summary

Many tax professionals are expanding their client base to include business clients and, as a result, they need to know how to prepare business returns. This course is designed for tax professionals who are new to preparing S corporation tax returns. The course material will guide tax professionals through Form 1120-S, U.S. Income Tax Return for an S Corporation, and the accompanying schedules. A comprehensive example showing how to apply the guidance ties everything together the end.

Objectives

Upon completion of this course, you will be able to:

Identify businesses eligible to make the S election
Prepare Form 2553, Election by a Small Business Corporation
Choose a tax year and accounting method for an S corporation
Prepare a basic Form 1120-S, including Schedules K, K-1, L, M-1 and M-2
Summarize the unique fringe benefit rules for more-than-2% shareholders
List income and expense items that differ for book and tax purposes

Course details

The workshop includes e-book, presentation slides and access to the workshop recording.

Presented by: Genaro Cardaropoli, CPA
Course year: 2023
Duration: 8 Credit Hours
Course level: Basic
Prerequisite: None
Advanced preparation: None
Delivery method: QAS Self Study

	CPE credits	Designation	Field of study
IRS	8	AFSP	Federal Tax Law Topic
IRS	8	EA	Federal Tax Law Topic
NASBA	8	CPA	Taxes
CTEC	8	CRTP	Federal Tax Law Topic
CFP Board	0	CFP®	N/A

How to earn CPE

To receive credit for this on-demand online workshop, you must make at least one attempt to answer each of the review questions included with the video. You must also successfully pass the course exam with a score of 70% or better. The course and exam will expire one year from the date of purchase.

Cancellation policy

Because this is an online education offering, it is nonrefundable.