S & C Corp Shareholder Basis Webinar

Summary

When preparing returns for clients with S and C corporations, there are a few things to keep in mind. For example, while technically it is the shareholder’s responsibility to keep track of their basis in corporation stock, tax preparers will evidently have to use that amount to determine tax consequences of distributions. If your client doesn't keep track of it, the code presumes the basis to be zero, which means you can’t assume their stock basis is equal to retained earnings. Instead of gambling on their calculations, you can learn to tackle them yourself through this webinar, which will help you learn to calculate corporation basis through the use of special case studies.

Objectives

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

  • Identify initial basis in S corporation stock.
  • Identify adjustments to S corporation stock basis.
  • Identify basis in C corporation stock.
  • Identify adjustments to C corporation stock basis.

Course Details

Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.






   

Presented by: Randy Lawshé, EA

​​​​​How to Earn CPE

​To receive full credit for a webinar, you must respond to at least 70% of the polling questions that are asked by the instructor during the webinar and you must be logged in for at least 90% of the presentation.

Please allow up to 7 days for us to verify attendance and issue certificates.

Cancellation Policy

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

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