S and C Corporations

This course is designed to provide a comprehensive overview of the tax implications of operating a business as an S-corporation. The course covers topics such as the requirements for becoming an S-corp, the benefits and drawbacks of this corporate structure, and the tax treatment of S-corp income and expenses. It also discusses the tax implications of distributing profits and losses to shareholders, as well as the tax considerations involved in transferring ownership of an S-corp. Additionally, the course covers the tax rules for S-corps and their shareholders, including the tax implications of salary and dividends, and the potential consequences of failing to comply with these rules. By the end of the course, students will have a thorough understanding of the tax implications of operating a business as an S-corp, and be able to use this knowledge to make informed decisions about their own business structure.