​Preparing S Corporation Returns Online Workshop

8​ CPE for AFSP, EA, CPA, CRTP​​ ​

Aug. 27 and 28 from 9:00 a.m. to 12:30 p.m. Central ​

Summary

Many tax professionals are expanding their client base to include business clients and, as a result, they need to know how to prepare business returns. This course is designed for tax professionals who are new to preparing S corporation tax returns or seeking a refresher. The course material will guide tax professionals through Form 1120-S, U.S. Income Tax Return for an S Corporation, and its accompanying schedules. Through practical examples and a comprehensive case study, we apply the course material and finish with a completed Form 1120-S.

Objectives

Upon completion of this course, the tax professional will be able to:

• Determine which businesses are eligible to be an S corporation
• Make a valid S election by filing Form 2553, Election by a Small Business Corporation
• Summarize the tax consequences of transferring property or services to an S corporation in exchange for stock of the corporation
• Choose a tax year and accounting method for an S corporation
• Explain how to report S corporation items on Form 1120-S and Schedule K-1
• Summarize the unique fringe benefit rules for more-than-2% shareholders
• List income and expense items that differ for book and tax purposes

Course Details

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

Presented by:  Kathryn Keane, EA​
​​Course Year: 2025
Course Level: Update
Prerequisite:  None
Advance Preparation: None
Delivery Method: Group Internet-Based / QAS Self-Study​​

​How to Earn CPE

To receive full credit for this workshop, you must respond to 3 of the 4 polling questions launched during each credit hour.

Please allow up to 7 days for us to verify attendance and issue certificates.​

​Cancellation Policy

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