2024 S Corporation Essentials: Stock & Loan Basis Reporting (2 hours)

Overview

This program addresses the critical issues and special opportunities facing S-corporations, with a focus on reporting shareholder basis and distributions. 

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• Basis of stock and debt
• Form 1040, Schedule E
• Shareholder basis of indebtedness
• Limitation of deduction of losses
• AAA and distributions

Prerequisites

Basic working knowledge of S corporation taxation

Designed For

Experienced practitioners with S-corporation clients and members in industry working for an S-corporation

Objectives

• Apply the latest tax rules and regulations of S-corporations
• Identify shareholder basis and how to report it

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!