Comprehensive S Corporation Taxation Course

July 20, 2017 to July 21, 2017
Ankeny, Iowa and Live Webinar

Because of their many tax advantages, S corporations are everywhere. All tax practitioners who handle business returns must understand S corporation taxation. Yet these rules can be very complex. To meet this need, CALT is bringing our practitioners an in-depth review of S corporation taxation. The two-day course will be taught by Bob Jamison, CPA, PhD, a foremost expert and author in the field. Participants will receive a 350-page workbook and an opportunity to ask substantive questions.

We hope you’ll join us live or via webinar for this exciting new offering!
Live seminar is at: Courtyard by Marriott Ankeny, 2405 SE Creekview Drive, Ankeny, Iowa.

► Online Registration: https://goo.gl/EMceNB
► Download Registration form: S-Corp Taxation Course- online.pdf

Agenda: 

Topics will include:

  • Current developments, including enacted and proposed legislation, regulations, cases and rulings, up to day of presentation.
  • Eligible entities and owners for S corporation status: special problems of limited liability companies and trusts.
  • Conversion of entity: To and from C corporation, S corporation, limited liability company, partnership or disregarded entity. Includes selected state laws.
  • Timely elections and late election relief: when to apply for free, and when to pay the $20,000+ user fee.
  • Shareholder debt basis: New regulation, old restructuring technique and case law.
  • Distributions from S Corporations: Rules, uncertainties and planning.
  • Compensation of shareholder-employees: Traps and likely strategies.
  • Material participation and grouping of activities.
  • Net investment income problems of S corporation shareholders.
  • The built-in gains tax: Definitions and comprehensive example.
  • Purchase and sale of the S corporation: Asset deals, stock deals and consequences
  • Purchase and sale of the S corporation; elections under §§338, 336(e), QSub, and other disregarded entity structures.

Time Schedule (Both Days)
Registration/Sign-In: 7:30 - 8:30 AM
Morning Session: 8:30 AM - Noon
Lunch: Noon to 12:45 PM (provided)
Afternoon Session: 12:45 - 4:30 PM

Registration: 

Online Registration: https://goo.gl/EMceNB
► Download Registration form: S-Corp Taxation Course- online.pdf

Your registration fee includes printed course materials (downloable e-materials for those attending online), refreshment breaks, and lunch. Each attendee will receive a confirmation email.

  • Option 1: On-Site
    • $350 (early)
    • $370 (after July 5)    
  • Option 2: Live Online Webinar
    • $350 (early)
    • $370 (after July 5)
  • Option 3: NEW! Can’t Attend? Take advantage of the our OnDemand Video Replay and Downloadable e-Materials. This is a self-paced online program that allows you to take the course at your own convenience.  No continuing education is available for this option. You will receive an email that will include access to the video replay and materials during the week of July 24-28.  There is no time limit to view the on-demand video replay and you can view it unlimited times. 
    • $350 (early)
    • $370 (after July 5)          

Company Discount: $10 discount per individual if 3 or more are registered from the same employer; available for on-site or live webinar attendance

Continuing Education: 

800 minutes of instruction
16 hours of CPE credit
13.25 hour of CLE credit

Enrolled Agents and Other Tax Return Preparers: IRS Continuing Education

  • 16 hours of CPE approved
    • 2 hours of federal tax law updates (In-Person: Y7WRM-U-00202-17-I and Online: Y7WRM-U-00202-17-O)
    • 14 hours of federal tax law topics (In-Person: Y7WRM-T-00203-17-I and Online: Y7WRM-T-00203-17-O)

Attorneys

  • Approved for 13.25 hours with the Iowa Supreme Court Commission on Continuing Legal Education
    • Standard/Live: Activity #263970
    • Live Webcast: Activity#263969
  • Approved for 13.25 hours with the MN Board of Continuing Legal Education

Certified Public Accountants (CPAs)

  • 16 hours of CPE
    • Iowa - The Iowa Accountancy Examining Board does not pre-approve seminars, but it is left to the individual to determine the appropriate course of study.
    • Other states - Consult your state’s accrediting agency/board for its rules on admissibility of this course. It is the responsibility of the attendee to understand and comply with state licensing CPE requirements.
Speakers: 

Robert W. Jamison, Jr., CPA, PhD, Professor Emeritus of Accounting, Indiana University, Kelley School of Business – Indianapolis, author of S Corporation Taxation, published by CCH Incorporated, is a nationally recognized expert on S corporation tax law. In addition to teaching tax law in accounting departments at three universities for 36 years, Dr. Jamison has been the lead author of the Business Entities chapter of the National Income Tax Workbook and its predecessor for more than 30 years. (The National Income Tax Workbook is the text used to teach the two-day Annual Income Tax Course in Iowa and 27 other states each year.) Dr. Jamison’s S Corporation Taxation, 2017 Edition, (1,864 pages) published by CCH Incorporated, Chicago, is the go-to book for practitioners who advise clients regarding taxation of S corporations, including formation, operation, termination, and compliance. In it they find practical answers to their common as well as unusual S corporation tax questions. Every plain-language explanation of the rules includes citations to the authority for the explanation. This edition updates and expands the extensive detailed discussion from the previous nine editions of the book. Dr. Jamison is also a co-author of Multistate Tax Guide to Pass-Through Entities, 2017 Edition, Chicago, CCH Incorporated. Dr. Jamison brings his extensive knowledge of S corporation tax law to this course not only as the main speaker but also in the form of a 350-page outline that includes explanations of the law, examples to illustrate the application of the law, and citations to the law.

Accommodations: 

Courtyard by Marriott Ankeny, 2405 SE Creekview Drive, Ankeny, Iowa. Discounted overnight rooms are available for $119.00 per night (for the dates of July 19 and July 20). Call the hotel at 515-422-5555 and mention you are attending the Iowa State University Seminar.

CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.

RSS​ Facebook Twitter