S Corp Balance Sheets
10:00 AM to 12:00 PM PST
Cost: Member: $30 / Non-Member: $60
Wednesday, September 6, 2023

Speaker: Jane Ryder, EA, CPA
2 Federal Tax Law hours (Topics covering existing tax law)
IRS: 18QC1-T-01885-23-O
CTEC: 1000-CE-5322
Knowledge Level: Basic (No prior knowledge expected)

Location:

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

Description: 

Develop best practices for preparing and reporting S corp tax return balance sheets. Determine the appropriate way to work with an entity's available accounting reports, from simple P & Ls which require you to develop and maintain the balance sheet to a complete and accurate set of financial statements prepared by the client, and everything in between! We'll discuss balance sheet items affecting basis such as retained earnings, shareholder loans, and non-deductible expenses reported on Schedule M1, decisions regarding classifying transactions based on basis considerations, educating the client on balance sheet issues, and more.

Learning Objectives
1) Learn how to start supporting balance sheets.
2) Understand common balance sheet problems & how to fix them.
3) Discover how balance sheets affect the overall compliance & accuracy of Form 1120-S
4) Receive hands on examples of balance sheets prepared from client records.

Presenter:

Jane Ryder, EA, CPA
Jane Ryder, EA, CPA has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm and writes and speaks on many income tax, business compliance and accounting topics. Jane has a business centric practice, preparing and consulting on tax, accounting, and compliance matters for Corporations, S-corporations, LLC’s, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment plans, audit representation, audit appeals, offers in compromise, and other compliance related issues. She earned a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and admitted to practice before the the Internal Revenue Service as an Enrolled Agent.

Cancellation and Refund Policy:
Written webinar cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

CSTC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.