​​​​​​​Handling Shareholder Basis Online Workshop

4 CPE for AFSP, EA, CPA, CRTP

Premium: $0 | Professional: $131 | Basic: $166 | Nonmember: $175

Summary​

This workshop will dive into shareholder basis in S corporation holdings, including both stock and loan basis concepts and computations. You’ll be exposed to basis principals and the unique basis considerations for S corporation owners. Additionally, we’ll consider the sale of their S corporation stock and the sale of the S corporation as an asset sale. Finally, we’ll discuss the difficult issue of reverse-engineering basis when 100% accurate amounts cannot be found.

Objectives

Upon completion of this course, you will be able to:

• Calculate initial shareholder basis
• Describe the differences between stock basis and loan basis
• Calculate annual adjustments to shareholder stock and loan basis
• Establish basis on sale of the corporation (stock and asset sales)
• Reconstruct basis when records are sparce or non-existent

Course details

The workshop includes e-book, presentation slides and access to the workshop recording.

​Presented by: Larry Zimbler, MST, EA​
Course Year: 2024
Duration: 4 Credit Hours
Course Level: Intermediate​
Prerequisite: Basic understanding of basis
Advanced Preparation: None
Delivery Method: Group Internet Based​
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How to earn CPE

To receive full credit for this online workshop, you must respond to at least 70% of the polling questions that are asked by the instructor during the workshop and you must be logged in for at least 90% of the presentation. The course will expire one year from the date of broadcast.

Cancellation policy

​​Because this is an online education offering, it is nonrefundable.​​​​​