S Corporation 101 Webinar

Summary

Many taxpayers use S corporations to reduce taxes. Tax professionals who are familiar with individual tax returns can find preparation of their first S corporation tax return daunting. As a first-time S corporation tax preparer, you will likely have a lot of questions – how is an S corporation identified? What are eligibility requirements? What are common forms needed for preparing an S corporation return? How do I determine total assets? This course is perfect for tax professionals looking to add the preparation of S corporation returns to their business.

Objectives

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

• Describe the requirements for S corporations.
• Describe the taxation of an S corporation.
• Correctly report income of an S corporation.
• Correctly report expenses of an S corporation.
• Complete a simple Form 1120S, U.S. Income Tax Return for an S Corporation.

Course Details

Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Q&A transcript and access to the webinar recording.