Tax Reform Impact on S Corps & Partnerships On-Demand Webinar

Summary

The Tax Cuts and Jobs Act affects most small businesses, which presents an additional opportunity to assist your clients in maximizing tax savings. On the first day of our business tax workshops, learn about partnerships and S corporations, their elections and adjustments, as well as how the new tax law affects them.

Objectives

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

  • Describe the taxation of partnerships.
  • Identify the effects of partnership elections.
  • Calculate required basis adjustments.
  • Identify adjustments to be made on Form 1065, Schedules M-1 and M-2.
  • Describe the taxation of S corporations.
  • Compute and report the built-in gains tax.
  • Compare and contrast AAA, stock basis and retained earnings.
  • Identify the effects of S corporation elections.
  • Compute and report the built-in gains tax.
  • Calculate required basis adjustments.
  • Compare and contrast AAA, stock basis and retained earnings.
  • Identify the effects of S corporation elections.
  • Identify adjustments to be made on Form 1120S, Schedules M-1 and M-2.
  • Identify the provisions of the Tax Cuts and Jobs Act that affect S corporation taxation.

Course Details

This webinar includes the e-book, exam questions, live webinar recording with review questions, and supplemental materials. CPE is issued after exam is successfully completed.






   

Presented by: Randy Lawshé, EA

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must 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.

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