A focus on special topics for S corporations - revocation, termination, & reo...

Learning objectives

After completing this course, the learner should be able to:

  • Identify the termination options of S status including the following:
    • Termination by revocation
    • Termination by ceasing to be an S corporation
    • Termination of waivers
    • Effect of termination
  • Define redemption options such as:
    • Redemptions treated as distributions under Section 301
    • Redemptions treated as sales or exchanges under Section 302
  • Identify liquidation options including the following:
    • Shares owned by a qualified subchapter S trust
    • Distribution of installment obligations
  • Identify reorganizations options which can include:
    • Asset acquisition by an S corporation
    • Asset acquisition by a C corporation
    • Stock for stock exchanges
Get access to hundreds of courses like this with a CPE subscription
Instructor Stan Pollock

Instructor bio

Stan earned his bachelor’s degree in Business Administration from California State University, Northridge in 1980. He now runs a two-office tax, accounting and consulting practice in Oakland and San Francisco, California. The practice focuses on high net worth individuals and small businesses, providing quality, personalized financial and tax guidance. Stan has taught continuing education courses to practitioners throughout the country on a regular basis for over 10 years. Stan has been a regular guest on a local radio talk show discussing taxes and has been quoted several times in local papers. He previously taught accounting courses in junior colleges in Southern California.

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

Now Leaving Becker.com

You are leaving the Becker.com website. Once you click “continue,” you will be brought to a third-party website. Please be aware, the privacy policy may differ on the third-party website. Adtalem Global Education is not responsible for the security, contents and accuracy of any information provided on the third-party website. Note that the website may still be a third-party website even the format is similar to the Becker.com website.