Are you ready to gain absolute clarity on the complexities of S Corporation taxation and the preparation of Form 1120-S? Whether you’re a CPA, EA, tax professional, or business advisor, this training goes beyond theory—it equips you with the practical skills and insights you need to prepare, analyze confidently, and review Form 1120-S.

This program dives deep into the essential aspects of S Corporation taxation, including:

  • Proper preparation of Form 1120-S
  • Determining taxable income and applying rules correctly
  • Accurately reporting and allocating income, deductions, and credits
  • Calculating and tracking shareholder basis
  • Understanding the strategic advantages and limitations of S Corporations

By the end of this course, you’ll not only master the mechanics of Form 1120-S but also gain the perspective to improve tax planning, compliance, and advisory strategies for your clients or organization.

This is more than just a course—it’s a transformative learning experience designed to help you deliver higher value as a trusted tax professional.

Webinar Objectives
  • Upon the completion of this course, you will be able to: 
  • Define the key concepts of S corporation taxation. 
  • Identify the various types of income and deductions for S corporations. 
  • Recognize the importance of shareholder basis in S corporations. 
  • Implement proper allocation methods for income, deductions, and credits

Webinar Highlights
  • S corporation taxation fundamentals 
  • Income and deductions for S corporations 
  • Shareholder basis calculation 
  • Reporting requirements for Form 1120S 
  • Advanced tax planning strategies 

Who Should Attend?

CPAs, EAs, attorneys, bankers, and financial planners