Corporations Mastering — Business Level 2
Business Level 2. Form 1120, Form 1120-S and the rest of the corporate family, beginner to expert. Formation and section 351, basis on both sides, earnings and profits, distributions, redemptions, liquidations, reorganizations and section 382. Then the whole S corporation: eligibility, the election, stock and debt basis, the loss stack, AAA, reasonable compensation and the entity level taxes. 59 lessons with worked numbers, real cases, and the authority behind every rule.