We’ll take a deep dive into the cost of converting a C corporation to an S Corporation. We’ll discuss whether to choose S corp or C corp status.

We’ll cover steps to help you avoid loss of S corporation status. We’ll also cover the special considerations for stock held by estates or trusts of deceased shareholders. Your benefits from taking the course will include a deep understanding of some of the essential elements of tax planning for S corporations.

How do you determine reasonable compensation? We’ll cover every important case and provide practical methods to calculate how much compensation is reasonable.  We’ll also cover basis increases that arise from shareholder debt: what works and what doesn’t work. Finally, we’ll cover what happens when an S corporation is inadvertently terminated – how you can get the train back on the track.