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.

Major Topics:

  • 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

Learning Objectives:

  • 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

Live Seminar Course Schedule