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.


Crowne Plaza Hotel (Monroe)
390 Forsgate Drive
Exit 8A off the NewJersey Turnpike
Monroe Township, NJ 08831

Driving Directions 


Tuesday, November 1, 2016 from 7:30 AM to 5:00 PM EDT 

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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

John Sheeley, EA

John 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



Anthony Berlangieri, Secretary 

New Jersey Society of Enrolled Agents
(973) 580-0706