S corporations are the nations most common corporate tax designation. The popularity of S corporations, which have grown from 725,000 in 1985 to over three million in 2002, is well deserved. Theres no double taxation of the companys net income and capital gains as there is with a C corporation. Since losses flow through to the shareholders, they can offset income from other sources. And while a partner has to pay self-employment tax on partnership net earnings, S corporation shareholders arent subject to self-employment tax on their share of income. This session will explain the essential aspects of S corporations, including a comparison with C corporations, compliance issues, and planning opportunities and pitfalls to consider.
As forensic accounting continues to be among the most in-demand client services, firms who are mulling the addition of a forensics unit need to have the most effective and complete 'toolbox' to launch their practices. Hear from one of the countrys foremost experts as he tells you what you'll need to launch a forensics practice and how to operate one that's both effective and profitable.
Women Partners Breaking Through the Glass Ceiling: It's 2009, and, according to the American Institute of CPAs, only 23 percent of partners in accounting firms are women - a relatively low number considering the amount of women coming into the profession. In this webinar, find out why this is and what can be done to encourage more women to seek partner rank within their firms.
Learn how and why construction industry businesses can and should leverage accounting technology to gain a competitive advantage through stringent controls, transactional efficiency, and optimizing their limited project management resources.
The inevitable convergence of U.S. GAAP and International Financial Reporting Standards promises to be an involved and protracted process with various domestic and global regulatory organizations scrambling to include their guidelines and principles in the final mix. This sessions expert will explain what hurdles await standards convergence as well as what the profession should be doing now to prepare for life under IFRS.