Tax Issues for S Corps: Federal and State Tax Challenges, Planning Considerations for Taxpayers
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This CLE/CPE course will guide tax professionals on critical tax challenges and recent developments for S corporations. The panel will discuss key tax law regulations and developments impacting S corporations, IRS guidance, QBI deduction, issues of cash distributions, S corporation eligibility requirements and deferred compensation, and transfers of interest. The panel will also discuss pitfalls to avoid under current tax law and offer tax planning techniques for shareholders.
Outline
- Brief overview of tax challenges of S corps
- Impact of recent regulations and IRS guidance
- Challenges related to equity and incentive grants, options, etc.
- Transaction planning considerations
Benefits
The panel will review these and other key issues:
- What are the critical tax challenges of S corporations under current tax law?
- What issues arise for cash distributions, class of stock, deferred compensation, and transfers of interest?
- What are the factors to consider in determining whether to retain or elect S corp status or convert to C corp?
- Should considerations of Sec. 1202 be a part of the analysis?
- When selling equity interest in an S corporation, what are the pitfalls?
- Under what circumstances is an LLC or partnership entity choice preferred over an S corp?
- S corporation compliance with the Corporate Transparency Act
Faculty
Cannot Attend May 23?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.