This course goes beyond the basics and addresses important practical issues that an experienced practitioner must know. Even if you have attended other S corporation courses, you will learn something new in this course.
Compensation planning in S corporations, including limitations in a family-controlled business
Use of redemptions
Estate planning for S corporation shareholders, including buy-sell agreements, QSubs, ESBTs, and uses of life insurance
Appreciate how corporation planning can be used in an S corporation to change the effects of the one-class-of-stock rule
Describe the tax consequences of a redemption of stock in an S corporation
Discuss the major tax considerations in estate planning for S corporation shareholders
Designed For: All practitioners and controllers who have attended a basic S corporation course and want to understand more complex issues and their practical implications Level of Knowledge: Advanced Prerequisite: A basic course in S corporations; some experience in advising S corporations and their shareholders Advanced Preparation: None Credits: 4 Field of Study: Taxes(4) CFP Credit: No