BEGIN:VCALENDAR
VERSION:2.0
CALSCALE:GREGORIAN
METHOD:PUBLISH
PRODID://NDCP//464401
BEGIN:VEVENT
DTSTAMP:20260506T045601
VTIMEZONE:America/Chicago
DTSTART:20251204T180000Z
DTEND:20251204T220000Z
UID:464401
SUMMARY:Reviewing S Corporation Tax Returns: What Are You Missing?
LOCATION:Online
DESCRIPTION:Reviewing S Corporation Tax Returns: What Are You Missing?\n\n12/04/25 12:00 PM CST\n - 12/04/25 04:00 PM CST\Description:\nTraining your reviewer's eye.\n\nThe complexity of S corporation tax law presents a formidable challenge to tax practitioners for accurate compliance and reporting of S corporation activities. \n\nThe course identifies the common errors practitioners make on S corporation tax returns that review staff should spot.\n\nFour returns for you to review.\n\nLearners can fine-tune their reviewing skills by examining case studies of sample tax returns that may warrant additional information from the client and areas of tax law where proper treatment requires additional analysis and information. Issues discussed include:\n\n	Income and deductions\n	Schedule K-1 reporting requirements\n	Schedule K-2 and K-3 reporting requirements and the domestic filing exception\n\nThe tax return in each case study contains some errors or inaccuracies, giving learners the added opportunity to apply their reviewing skills.\n\nIn-course application:\n\nLearners get access to four 2024 individual returns and try their hand at reviewing them for:\n\n	Errors\n	Areas for improvement\n	Opportunities to educate or advise the client\n\nKey Topics:\nCommon errors made involving the following tax forms:\n\n	Form 1120-S\n	Schedule K-1\n	Schedules K-2 and K-3\n	Schedule L\n	Schedules M-1 and M-2\n	Form 4562\n	Form 4797\n\nObjectives:\n\n\n	Identify the accounts that affect the accumulated adjustments account.\n	Identify which items go on page 1 of Form 1120-S and which go on Schedule K.\n	Determine how capital gains and losses are disclosed on Form 1120-S.\n	Determine how wash sales and installment sales are treated by S corporations.\n	Determine the tax consequences when a newly converted S corporation sells appreciated property it acquired while operating as a C corporation.\n	Determine the tax consequences associated with the distribution of appreciated property by an S corporation to a shareholder in redemption of stock. \n\nField of Study: Taxes\nLevel: Intermediate\nPrerequisite: Experience with S corporation tax return preparation\nWho should attend:  \n\n\n	CPAs\n	Managers and partners responsible for reviewing returns\n\nInstructor: Robert Ricketts and Larry Tunnell\n4 CPE Hours\n\nMembers: $225.00\nNon-members: $269.00\Location:\nOnline\n\n,
X-ALT-DESC;FMTTYPE=text/html:Reviewing S Corporation Tax Returns: What Are You Missing?<br /><br />12/04/25 12:00 PM CST - 12/04/25 04:00 PM CST<br />Description:<br />Training your reviewer's eye.<br />
<br />
The complexity of S corporation tax law presents a formidable challenge to tax practitioners for accurate compliance and reporting of S corporation activities.&nbsp;<br />
<br />
The course identifies the common errors practitioners make on S corporation tax returns that review staff should spot.<br />
<br />
Four returns for you to review.<br />
<br />
Learners can fine-tune their reviewing skills by examining case studies of sample tax returns that may warrant additional information from the client and areas of tax law where proper treatment requires additional analysis and information. Issues discussed include:
<ul>
	<li>Income and deductions</li>
	<li>Schedule K-1 reporting requirements</li>
	<li>Schedule K-2 and K-3 reporting requirements and the domestic filing exception</li>
</ul>
The tax return in each case study contains some errors or inaccuracies, giving learners the added opportunity to apply their reviewing skills.<br />
<br />
<strong>In-course application:</strong><br />
<br />
Learners get access to four 2024 individual returns and try their hand at reviewing them for:
<ul>
	<li>Errors</li>
	<li>Areas for improvement</li>
	<li>Opportunities to educate or advise the client</li>
</ul>
<strong>Key Topics:</strong><br />
Common errors made involving the following tax forms:
<ul>
	<li>Form 1120-S</li>
	<li>Schedule K-1</li>
	<li>Schedules K-2 and K-3</li>
	<li>Schedule L</li>
	<li>Schedules M-1 and M-2</li>
	<li>Form 4562</li>
	<li>Form 4797</li>
</ul>
<strong>Objectives:</strong>

<ul>
	<li>Identify the accounts that affect the accumulated adjustments account.</li>
	<li>Identify which items go on page 1 of Form 1120-S and which go on Schedule K.</li>
	<li>Determine how capital gains and losses are disclosed on Form 1120-S.</li>
	<li>Determine how wash sales and installment sales are treated by S corporations.</li>
	<li>Determine the tax consequences when a newly converted S corporation sells appreciated property it acquired while operating as a C corporation.</li>
	<li>Determine the tax consequences associated with the distribution of appreciated property by an S corporation to a shareholder in redemption of stock.&nbsp;</li>
</ul>
<strong>Field of Study:&nbsp;</strong>Taxes<br />
<strong>Level: </strong>Intermediate<br />
<strong>Prerequisite:</strong>&nbsp;Experience with S corporation tax return preparation<br />
<strong>Who should attend:&nbsp;</strong>&nbsp;

<ul>
	<li>CPAs</li>
	<li>Managers and partners responsible for reviewing returns</li>
</ul>
<strong>Instructor:&nbsp;</strong>Robert Ricketts and Larry Tunnell<br />
4 CPE Hours<br />
<br />
<strong>Members: $225.00</strong><br />
Non-members: $269.00<br />Location:<br />Online<br /><br />,  
PRIORITY:3
TRANSP:TRANSPARENT
BEGIN:VALARM
TRIGGER:-PT5M
ACTION:DISPLAY
DESCRIPTION:Reminder
END:VALARM
END:VEVENT
END:VCALENDAR