Maximizing Tax Efficiency for S Corporation Clients

This session provides a practical overview of S corporation taxation, focusing on the issues practitioners most commonly encounter when advising business owners and shareholders. Participants will explore when an S corporation is an appropriate choice of entity, how to properly make and maintain an S election, and how to address conversions from other entity types.nnThe session will also examine the tax treatment and planning considerations associated with shareholder distributions, including distributions of appreciated property, cash distributions versus dividends, and the importance of stock and debt basis. Additional topics will include compensation, benefits, estate planning considerations, and other common S corporation issues.