Advanced Tax Strategies for S Corporations [ADVSC Anc]
Time: 8-4
Subject:
TaxCredit Hours:
8.00Price:
Member: $295.00
Non-member: $370.00
AICPA Member Discount: $30.00
Discussion Leader:
Charles Borek, CPA, JD, MBA
more info
Cohen, Rutherford + Knight, PC / Bethesda, Maryland Mr. Borek is Executive Vice President for Tax Services and a principal with the accounting and consulting firm of Cohen, Rutherford & Knight, PC. He is also Of Counsel to the Law Offices of O’Connor & Borek, LLC, the firm which he co-founded in 2000. His practice focuses on tax and financial consulting to individuals, businesses, and nonprofit organizations.
Charles has also taught a variety of courses at the University of Baltimore, School of Law and was named Visiting Assistant Professor of Law in 2003. While on the faculty he founded and was director of the University of Baltimore Tax Clinic, which provides free legal assistance to low income taxpayers involved in disputes with the IRS.
He is a frequent lecturer for the American Bar Association, Maryland Institute for CPE of Lawyers and the American Health Lawyers Association. His 2003 book Contract Drafting and Review for the Maryland Lawyer was cited as authoritative guidance by the Court of Special Appeals of Maryland. Charles is a member of the bars of the U.S. Supreme Court, the U.S. Court of Appeals for the Fourth Circuit, the U.S. District Court for the District of Maryland, the U.S. Court of Federal Claims, the U.S. Tax Court, and the Court of Appeals of Maryland. He currently serves as a commissioner on the Howard County (Maryland) Pension Commission.
closeWebsite registration for this course closes on November 4, 2010. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Advanced Tax Strategies for S CorporationsNovember 11, 2010
AKCPA Office
Anchorage, AK
$295 ASCPA Member Fee
$370 Non Member Fee
$30 Discount for AICPA Members
The tax practitioner needs to understand the intricacies of the ever-popular S Corporation form of doing business. The ins and outs of planning and reporting successful complex S Corporation transactions are set out in this course. It also covers the latest tax rules that govern the taxation of S Corporations and will help you minimize your clients tax bill with winning strategies related to S Corporations.
Objectives
Upon completion of this course, participants will be able to:
Apply the rules related to acquisitions and liquidations of S Corporations
Explain the uses of trusts as S Corporation shareholders
Understand the complex rules of basis and distributions
Explore the use of redemptions in S Corporations
Highlights
The latest tax rules related to S Corporations
How to apply compensation planning in S Corporations
Tax considerations in the acquisition of an S Corporation
Applying the S Corporation rules related to the timing of distributions
Planning for loss limitations and stock basis rules involving S Corporations
Who Will Benefit
Tax and financial professionals working for an S Corporation
Large CPA firm tax managers and partners
Small and midsize CPA firm practitioners
Sole proprietorships and Enrolled Agents
Level: Advanced
CPE Credit Hours: 8
(Accepted for CFP, CMA, CFM and EA continuing education credit)
NASBA Field of Study
8-Taxes
Prerequisite
Completion of S Corporation Key Issues, Compliance, and Strategies: An IRS Target Area or equivalent knowledge and experience
Course Acronym: ADVSC
Discussion Leader: Charles A. Borek, CPA, JD, MBA
Mr. Borek is Executive Vice President for Tax Services and a principal with the accounting and consulting firm, Cohen, Rutherford + Knight, PC. He is also Of Counsel to the Law Offices of O'Connor & Borek, LLC; the firm which he co-founded in 2000. His practice focuses on tax and financial consulting to individuals, businesses, and nonprofit organizations. Charles has also taught a variety of courses at the University of Baltimore, School of Law and was named Visiting Assistant Professor of Law in 2003. While on the faculty he founded and was director of the University of Baltimore Tax Clinic, which provides free legal assistance to low income taxpayers involved in disputes with the IRS. He is a frequent lecturer for the American Bar Association, Maryland Institute for CPE of Lawyers and the American Health Lawyers Association. Charles is a member of the bars of the U.S. Supreme Court, the U.S. Court of Appeals for the Fourth Circuit, the U.S. District Court for the District of Maryland, the U.S. Court of Federal Claims, the U.S. Tax Court, and the Court of Appeals of Maryland. He currently serves as a commissioner on the Howard County (Maryland) Pension Commission.
