Relief for Late S Corporation Elections: Revenue Procedure 2013-30, Reasonable Cause, and Form 2553
Note: CLE credit is not offered on this program
A live 110-minute CPE webinar with interactive Q&A
This course will explain the steps outlined in Revenue Procedure 2013-30 to facilitate granting S corporation status to businesses requesting late election relief. Our panel of S corporation experts will explain how to file a late S election, eligibility for filing a late election, and LLCs electing S corporation status for tax practitioners working with pass-through entities.
- S elections
- Late elections
- Improperly prepared elections
- Untimely filed elections
- Revenue procedure 2013-30
- Private letter rulings
- LLCs electing S corporation status
- Best practices
The panel will review these and other critical issues:
- Unique considerations for LLCs electing S corporation status
- What constitutes reasonable cause for a late Subchapter S election?
- Common reasons that the IRS declines S elections
- The procedures to follow to expedite acceptance of a late election under Revenue Procedure 2013-30
Managing Director, National Tax Office
Mr. Anderson's practice is focused in the areas of mergers and acquisitions, S corporations, Ccorporations,... | Read More
Mr. Anderson's practice is focused in the areas of mergers and acquisitions, S corporations, Ccorporations, consolidated returns, leasing, capitalization and cost recovery, and related tax accounting issues. He has advised corporate clients for many years in their formation, conversion, operations, compliance, reorganization, and sale. Mr. Anderson provides technical leadership to the firm and its clients in the areas of corporate tax, and previously served a leading role in the development and implementation of the firm’s national tax training efforts. He was recently appointed as the firm’s technical practice leader for corporate tax matters.Close
Jason Watson, CPA
Mr. Watson advises small business owners in creating a map for the future. His focus is on S corporations,... | Read More
Mr. Watson advises small business owners in creating a map for the future. His focus is on S corporations, self-employment taxes, health insurance issues and retirement planning. He is a published author on tax issues for S corporations and LLCs, Taxpayer’s Comprehensive Guide to LLCs and S Corps.Close
Early Discount (through 10/08/21)
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.