Description
Join tax expert Greg White, CPA, for a lively walkthrough of Form 1120-S. He’ll break down the must-know rules, show you how to apply them in real-life scenarios, and make the prep process feel a lot less painful. You’ll walk away with sharper skills, practical insights and a few laughs along the way. – Part 2
Event Level: Intermediate
Who Should Attend: CPAs and tax professionals involved in the world of tax
Required Knowledge: Some experience in the federal taxation of S corporations.
Advanced Preparation: None
Vendor: Don Farmer Tax Education
Speaker: Koutelieris, George
Speaker: White, Greg
Objective
* Learn how to complete Form 1120S on a line-by-line basis * Identify the requirements that waive the requirement to file Schedules K-2 and K-3 * Identify how to categorize income and expense items to the accumulated adjustments account, the accumulated earnings account and the other adjustments account * Identify the disclosure requirements for Schedules K-1 * Apply the “closing of the books” election. MAJOR TOPICS * How to complete Schedules M-1 and M-2 * When you don’t have to file Schedules K-2 and K-3 * Most S corporations are not required to file these forms * The accumulated adjustments account, and when it’s most important to compute it correctly * Loans from shareholders.
Credit Types
- Taxes: 4
Event Speaker(s)
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Don Farmer: Live Online-(4 Hours) | Members | $149.00 |
| Don Farmer: Live Online-(4 Hours) | Non Members | $189.00 |
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