NJSEA Full Day S Corp Seminar
Tuesday, November 1, 2016
7:30 AM to 8:00 AM - Registration and Breakfast
8:00 AM to 5:00 PM - Educational Seminar
Register Now!Registration Fee: $175 NJSEA & NAEA members/$195 after October 26; $200 non-members and guests/$220 after October 26. Includes breakfast and lunch
Early Bird Pricing Until Wednesday, October 26
Refund Policy: Credit for a future meeting if attendee notifies NJSEA prior to event.
No credit/refund if attendee does not notify NJSEA in advance.
Where
Crowne Plaza Hotel (Monroe)390 Forsgate Drive
Exit 8A off the NewJersey Turnpike
Monroe Township, NJ 08831
Driving Directions
TOPIC: The Ins and Outs of S Corps
Seminar Description: Are more and more of your clients organized as S Corps or asking you whether they should become an S Corp? Learn the ins and outs of S Corp taxation at this full-day seminar.
After a review of the basics of S Corps, elections, basis, and operational errors, we’ll take a deep dive into S Corp tax returns. We’ll discuss setting up the corporation, how to handle typical situations and problems, the importance of double entry accounting and a case study of a new S Corp client who really doesn't understand what they have gotten themselves into.
Learning Objectives:
- Understand basics of S Corps vs. C corps, foreign and domestic corporations, stock and debt basis, etc.
- Learn how to deal with common problems such as poor records, incorrect prior year returns, no balance sheet, and no officer salary.
- Understand how to set up an S Corp tax return correctly, including wages, distributions, home office, autos, and health insurance
- Understand the importance of Schedules L, M1 and M2 and how to use them to your advantage
OUR FEATURED SPEAKERJohn Sheeley, EAJohn Sheeley's career as a tax practitioner began in 1987. After completing a bachelor's degree from the State University of New York at Oswego in 1990, he spent twelve years as a multi-unit franchisee of a national tax chain. John then spent five years working for a large regional accounting firm, where he divided his time between representing clients in sales & use tax controversies and examinations, and tax compliance work for non-resident aliens.An Enrolled Agent since 1995, John graduated from NTPI in 2012. Established in 2008, his current firm focuses on the needs of U.S. citizens living abroad, and non-resident alien entrepreneurs and entertainers living and working in the United States. In addition to his tax practice, John is the President of Tax Practice Pro, a nationwide provider of continuing education for enrolled agents, CPAs, attorneys and PTIN holders. He can be reached at john@taxpracticepro.com.
CE Credits: 8 IRS CE or 8 CFP® CE or 8 CPA CPE
Contact
Anthony Berlangieri, Secretary
New Jersey Society of Enrolled Agents
(973) 580-0706
aberlangieri@yahoo.com