Liquidating a Corporation On-Demand Webinar

Summary

When a corporation liquidates, there are certain liquidating procedures that must occur at the corporate level that will impact both the corporation and its shareholders. This webinar discusses the steps to liquidate both C corporations and S corporations. We’ll review the concepts that apply to both, then the specifics for each separate entity type. In addition, we’ll address the sale or distribution of the corporate assets, treatment of any remaining tax attributions such as net operating losses (NOLs), the final liquidating distributions to the shareholders, and the tax impact and reporting responsibilities to the shareholder(s).

Objectives

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

• Explain the steps of liquidating a corporation
• Summarize the impact on remaining tax attributions
• Summarize the tax impact on the shareholder(s)
• Report the liquidating distribution to the shareholder(s)

Course Details

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.