Converting a Sole Proprietorship to an S Corporation On-Demand Webinar
Small business owners will look to their tax professional when deciding to incorporate their business. This webinar will prepare tax professionals for a discussion on the tax implications of this entity selection, as well how to calculate the basis of the shareholder’s interest and transferred assets. You’ll also learn to summarize the pass-through treatment of income and losses in an S corporation.
Upon completion of this course, you will be able to:
- Identify the tax implications of changing from a sole proprietorship to an S corporation
- Calculate basis of the shareholder’s interest
- Calculate depreciation and holding period for assets transferred to the S corporation
- Summarize the pass-through treatment of income and losses in an S corporation
This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.
Jaye Tritz, EA, CFP