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About
This program explores how a partnership for Federal tax purposes can choose to be treated as an S-Corporation for Federal tax purposes. Among the issues discussed will be the compliance aspects of each step of the process as well as the consequences of the decision. Specific attention will be paid to the real-world application of the code to decision with several examples used to demonstrate the process.

2 IRS CE/2 CTEC CE/2 NASBA CPE*

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*Self-Study recording not available for NASBA CPE credit.

IRS Program #: 7Q3WU-
CTEC Course #: 6248-CE-
When?
Thursday, June 5, 2025 · 1:00 p.m.
Eastern Time (US & Canada)
Duration: 2 hours
Price
$79.00
Language
English
Who can attend
Everyone
Dial-in available? (listen only)
Not available.
Agenda
  • Determine when a partnership for tax purposes can be converted and classified as an S-corporation
  • Walk through the process of “dissolving” the partnership and “forming” the S-corp
  • Apply the rules for distributing assets and liabilities of a partnership to a partner
  • Apply the rules for contributing assets and liabilities of a shareholder to a corporation
  • Compare and contrast the various methods prescribed by the IRS for performing the conversion

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