January 11, 2024


8 Total CPE Credits


Webinar (CA): S Corporations: Tax Planning Ideas and Strategies 2023

  • Instructor

    John McWilliams

Learning Objectives

• Understanding the tax consequences of making the S corporation election to the corporation and shareholders
• Understanding how to plan to minimize the impact of the loss limitation rules
• Determining the tax considerations related to buying or selling an S corporation
• Identifying tax planning opportunities at the death of the shareholder of an S corporation

Major Topics

• Overview of the taxation of corporations and shareholder including making the S corporation election
• The decision to elect S corporation status—factors to consider
• Explanation and analysis of the application of the "qualified business income deduction (IRC 199A)
• Self-employment tax and S corporations
• Distribution tax planning
• Planning to minimize the impact of loss limitations
• Tax planning for years with both distributions and losses
• Termination Planning
• Tax planning regarding the transfer of appreciated assets to an S corporation
• Buying and selling S corporations—tax planning ideas
• Tax considerations of using the QSUB, Section 338(h)(10), or 336(e) elections
• Tax Issues to consider at the death of S corporation shareholder
• Stock redemptions as a tax planning tool
• Accommodating a "non-qualified" investor
• Trusts and tax-exempt exempt shareholders
• The second class of stock risks
• S corporation election compared to Section 1202 stock incentive

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Advanced


Basic understanding of the taxation of individuals, corporations, S corporations and partnerships.

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPA's and attorneys.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 299 299
  • COCPA Non-Member

    $ 399 399
    Your Price

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