Corporate: S Corporation Formation and Operation (2023)

Highlights

Eligibility and Election, Operations, Distributions, Special Taxes

Prerequisites

Courses in corporate income tax or working knowledge of S corporation income tax returns

Objectives

After completing this course, you will be able to (1) answer questions about the eligibility and election requirements for an S corporation, (2) apply the proper treatment for various accounting issues for S corporations, (3) determine the effect of transactions on shareholder basis, (4) calculate S corporation treatment of distributions, and (5) identify and apply various S corporation taxes.