This program examines when the S corporation election is financially and structurally appropriate for a closely held business. Participants analyze the payroll-tax arbitrage between self-employment tax and FICA, the §199A deduction, the recurring compliance-cost stack, and break-even income thresholds. The program applies these principles through worked entity-comparison examples, reasonable-compensation standards, shareholder basis and Form 7203, state-level taxes, and structural disqualifications affecting the S-corporation decision.
*Self-Study recording available for IRS CE Credit only (NO CPE)
NASBA Field of Study: Taxes
IRS Program #: 7Q3WU-T-00957-26
CTEC Course #: 6248-CE-00310
When?
Tuesday, August 4, 2026 · 1:00 p.m.
Eastern Time (US & Canada)
Duration: 2 hours
Price
Free
Language
English
Who can attend
Everyone
Dial-in available? (listen only)
Not available.
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