Preparing S Corporation Returns
San Gabriel Valley Chapter Meeting

Date / Time:

Thursday, September 5, 2019

Location:

Marie Callender's, Banquet Room
1560 Albatross Rd.
City of Industry, CA 91748

Topic: Preparing S Corporation Returns

In this overview of S corporations, we'll first review the characteristics of S corporations with special emphasis on the changes from the TCJA. Using a case study, we'll look at some typical transactions for an S corp and how to beat them. We'll also look at basis and how to calculate it. Finally, we'll use the financial statements from the case study to prepare the 1120S.

Presenters: Linda Dong

Linda Dong graduated with honors from the University of Illinois in Chicago with a degree in Accounting. She went to work for the IRS where she began auditing corporations. Not liking the adversarial relationship inherent in tax audits, she started a tax and accounting practice from her home. She provides tax and accounting services to individuals, small businesses and nonprofit organizations. Linda has been an Enrolled Agent since 1982. Her credentials included Accredited Business Accountant (ABA) and Accredited Tax Advisor (ATA). She is a Quickbooks proadvisor and teaches classes in accounting.She is currently serving as 1st Vice President of the Calif. Society of Tax Consultants.

CPE Information:

2 Federal Law Hours
IRS: 18QC1-T-01251-19-I
CTEC: 1000-CE-4635

Knowledge Level: Intermediate

Cost:

Member Fee: $35
Non-Member Fee: $45

Registration:

Contact Carmen Hustad at 909-896-6521or [email protected] 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.