News Feed »

International Tax Review: UK expedites EU corporate tax race to the bottom  |  Accounting Today: Tax Fraud Blotter: 335 Out of 340  |  Accounting Today: IRS Revises Procedures for Change in Accounting for Money Market Gains and Losses  |  Tax-News: Singapore Release General Anti-Avoidance Rule Guide  |  Tax-News: Canada Releases Provincial HST Guidance For Realtors  |  International Tax Review: EY bulks up Americas practices  |  International Tax Review: EU fiscal unity regimes called into question  |  International Tax Review: OECD to name and shame uncooperative jurisdictions  |  

C Corporations for Dummies (MLTO71N)

  Live Webinar
  240 minutes
  1:00 pm ET | 12:00 pm CT | 11:00 am MT | 10:00 am PT
Multiple Participants?
Call 1-800-223-8720
for a group pricing

Manage Taxation and Dividends for C Corporations

 Different taxation rules apply to C and S corporations. The tax liability of a C corporation is separate from its owners, and thus a C corp is subject to double tax: The corporation’s profit is taxed when earned and taxed again when distributed to shareholders as dividends. According to the IRS, the corporation does not get a tax deduction when it distributes dividends to shareholders and shareholders cannot deduct any loss of the corporation. This is primarily how a C corp differs from an S corporation; an S corp can avoid double taxation by passing corporate income, losses, deductions and credits to shareholders who then report the flow-through on their personal tax returns, under IRS tax rules.

This session with taxation expert Vicki Mulak EA, CFP®, will explore the various phases of a C corporation’s life – from how it comes into existence to how it is maintained as a state law entity. Vicki will focus on return preparation issues including managing start-up costs, capitalization, shareholder compensation, net income for book and tax, net operating losses and dividends. You will get examples of common scenarios with calculations and completed tax forms.

Session Highlights

NASBA & IRS Category of Study: Taxes

Level: Basic

Who Should Attend

Order Form
*Single User Price. For multiple users please call 1-800-223-8720
You can also order through

Vicki is an Enrolled Agent and Certified Financial Planner (CFP) and owner of American Financial and Tax, a tax preparation, planning and representation firm, which was founded in Tustin, California in 1985, when Vicki became both a resident and a business owner.

Vicki is a well-known pres... More info

Disclaimer: The content herein does not represent any association between IRS and Eli Financial LLC. IRS neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.

We Also Recommend