Master Form 7203 S Corp Basis for Form 1040
 East County San Diego Chapter Virtual Meeting

Date/Time:

Tuesday, September 6, 2022
3:00 PM to 5:00 PM

Location:

Online Meeting via Zoom
This will be Zoom Meeting. Once you register and pay, the Zoom link will be provided for you to log in at the designated meeting time. Zoom does require registration before entering the meeting. 

Topic: 

This course will review the filing requirements for Form 7203, including all of the latest IRS guidance and instructions for these forms. Learning Objectives
1. Learn the latest filing requirements for Form 7203, and 2021 relief offered by the IRS.
2. Receive sample Form 7203 with detailed calculations for stock and loan basis.
3. Understand the tax preparer's obligations for filing the new Form 7203 for S corp shareholders.
4. Discover other potential exposure issues with Form 7203, possible basis errors, loss limitations and more.
5. Determine the S Corp preparer's limitations and possible exposure when issuing basis statements with K1s.

Presenter:

Jane Ryder, EA/CPA
Jane has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm, Brass Tax Ryder Professional Group, and writes and speaks on many income tax, business compliance and accounting topics. She is currently licensed with the California State Board of Accountancy and with the internal revenue service as an Enrolled Agent. Jane also consults on tax, accounting, and compliance matters for Corporations, LLC's, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment plans, audit representation, audit appeals, offers and compromise and other issues.

CPE Information:

2 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01717-22-O
CTEC: 1000-CE-5133

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Registration Fee (Member): $20
Registration Fee (Non-Member): $50

Click the link below to register!

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.