9:00 AM - 4:00 PM Central
Subchapter S corporations continue to be popular because of employment tax advantages and accounting ease. But, taxpayers continue to make errors in making and maintaining their Subchapter S elections. Meanwhile, the cost of remedial rulings has been dramatically reduced for some while others can now face a $43,700 filing/user fee plus professional fees just to get relief. Practitioners need to be alert as to planning opportunities and pitfalls. This ACPEN course will include a panel of national tax practitioners and experts reviewing these complex rules as well as the latest judicial, legislative and regulatory developments.
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ACPEN’s Signature Series Course, Subchapter S Update, will address a late-breaking legal development with important possible impacts.
On January 16, 2026, the US Court of Appeals for the Fifth Circuit decided Sirius Solutions, L.L.L.P. V. Commissioner, potentially freeing limited partners from self-employment taxes. Our panel of experts will discuss the following issues that your clients will be very interested in…
— Is the dominance of Subchapter S corporations for SE tax planning coming to an end?
—Is Sirius the final word?
—How do you get from your current S corporation into a limited partnership structure without liquidating and paying taxes on appreciated assets including goodwill? Is there a way? What are the risks?
ACPEN always gives the latest updates. It’s not too late to register for the S Corporation Update where our panel will address the Sirius
*Please Note: If you need credit reported to the IRS for this IRS-approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Speakers:
James A. Smith, CPA, CGMA
C. Clinton Davis, CPA, JD
Christi Mondrik, CPA, JD
William H. (Bill) Wilson
| 2/4/2026 |    |
