Webcast: Schedule M-2 – How to Correctly Prepare the Accumulated Adjustments Account (XCSM2PW117)
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This comprehensive training is designed to get the accountant up to speed quickly on how to prepare the S Corporation Schedule M-2 and determine the tax ramifications of distributions.

 Export to Your Calendar 8/29/2017
When: 08/29/2017
12:00 PM until 2:00 PM
Where: Webcast
CALCPA
4173382Z
United States
Presenter: J Patrick Garverick, CPA, MT, CFP


Online registration is available until: 8/27/2017
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Acronym XCSM2PW117
CPE 2 hours
Vendor CalCPA
Category
Taxation
Level Intermediate
Prerequisite Basic understanding of individual income taxation
Adv Prep None
Yellow Book? No
Designed for Tax professionals that need an in-depth training on how to prepare the S-Corporation Schedule M-2 and determine the tax ramifications of distributions
Registration
Member $60
CPA Non-Member $94

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description
This comprehensive training is designed to get the accountant up to speed quickly on how to prepare the S Corporation Schedule M-2 and determine the tax ramifications of distributions.

Objectives
Prepare the S Corporation Form 1120S Schedule M-2 Determine if any S corporation distributions are taxable as dividends to the shareholders and know how to report them on the S Corporation tax return

Major Topics
Schedule M-2 – detailed step-by-step analysis of the AAA, OAA and PTI accounts Look at the tax treatment of distributions when the S corporation has prior C corporation earnings and profits (E&P) and how to report them on the Schedule K and K-1