Tax Treatment of S Corp Distributions: Income and Deduction Rules, Basis, Salary vs. Income, Tax Distributions
Recording of a 90-minute premium CLE/CPE video webinar with Q&A
This CLE/CPE webinar will provide tax professionals an in-depth analysis of the tax treatment of S corporation distributions and key planning techniques for shareholders. The panel will discuss key factors in determining the taxability of distributions of cash and property, shareholder loans, salary versus income distributions, increases and decreases of shareholder basis, and other key issues regarding the taxation of S corporation distributions.
- Tax challenges of S corporations
- Recent regulations and IRS guidance
- IRC Section 163(j)
- Distributions and transfers of interest
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 and property distributions and transfers of interest?
- What is the impact of Sec. 163(j) limitations?
- When selling equity interest in an S corporation, what are the pitfalls?
Crowell & Moring
Mr. Homsi is a counsel in the firm's Tax Group, resident in the New York office. His practice concentrates... | Read More
Mr. Homsi is a counsel in the firm's Tax Group, resident in the New York office. His practice concentrates primarily on advising public and private companies with respect to business tax issues associated with structuring, negotiating, and executing domestic and cross-border acquisitions, divestitures, and restructurings. Mr. Homsi also counsels clients on tax issues associated with real estate investments and joint ventures, equity and debt securities offerings, and other transactions where tax considerations play an important role. In addition, he assists multinational businesses with inbound and outbound tax planning and strategy.Close
Crowell & Moring
Ms. Pisareva is a partner in the New York office of Crowell & Moring. She has 25 years of experience advising... | Read More
Ms. Pisareva is a partner in the New York office of Crowell & Moring. She has 25 years of experience advising businesses and investors on transaction tax and cross-border tax matters. Ms. Pisareva's most recent practice focused on providing tax advice to investment funds, corporations, tax-exempt investors, venture capital and private equity groups and high net worth individuals and family offices. She also advises clients on tax compliance and tax operational issues relevant to cross-border investments, credit and distressed debt transactions, global securities trading and mobile workforce. Ms. Pisareva is a frequent contributor on these topics and has been quoted in Law360 and Bloomberg Law.Close