S Corporation - Calculating Shareholder Basis in S Corporation Stock  

S corporation shareholders are required to maintain their basis in the S corporations stock. This nano-learning course covers why accurate basis records are required, how to calculate initial basis, how to adjust basis annually, and the order of adjustments to stock basis. Various examples are presented. This basic level course is most beneficial to professionals new to S corporation taxation who may be at the staff or entry level in organization but also for a seasoned professional with limited exposure to this topic.

Checkpoint Learning is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).