Proconnect Tax 2025
S Corporation Training
Learn how to Prepare S Corporation Business Tax Return in Proconnect Tax Software
Details
- Pre-sale access starts Jan 10, 2025 with the 2025 tax software release – get instant access to the 2024 tax year course for free today!
- Hands-On Software Training
- Comprehensive Problem Solving
- Lever: Beginner to Intermediate
$139.99 - Black Friday 30 % Off
What you'll learn
- Prepare S Corporation Tax Returns Independently
- Master Proconnect Tax Software
- Practical, Real-World Experience
- Understand S Corps & Tax Rule
- Ability to Earn Extra Income
- Increase Your Earning Potential
- Comprehensive Learning Path
- Gain Confidence for Independent Work
Course content
Chapter 1: About S Corps – Theory
- History and importance of S Corps
- Differences between C-Corps, S-Corps, and LLCs
- Advantages and disadvantages of S Corporations
- Forms and schedules for Form 1120S (Page 1, Schedules B, K, L, M-1, M-2)
Chapter 2: Proconnect Tax Software Overview & Simple Tax Return Example
Chapter 3: Practice – Comprehensive Problem
- Entering data from worksheets, prior year returns, and balances
- Schedule L, income statement, retained earnings reconciliation
- Adjustments: depreciation, M-1 entries, meals, officer compensation, capital gains, etc.
- Review, diagnostics, and e-filing
Chapter 4: Do-It-Yourself Comprehensive Problem
- Guided practice with answers and self-check video
Bonus Modules
- Foreign Essentials for S Corporate Filings (1.5 hrs)
- Amending 1120S Returns Step-by-Step (2 hrs)
This course includes:
- 19 hours on-demand video
- PRACTICE – Comprehensive Problem; Do-It-Yourself Comprehensive Problem with Answers
- Certificate of completion
Requirements
- This is a comprehensive course. Therefore, no prior knowledge is needed.
- The materials referenced in this course can be found in the beginning lecture. Online. For free.
Description
In this course, you will learn how to prepare S Corporation (Form 1120S) tax returns using Proconnect Tax software, from understanding S Corps and related forms to entering data and reconciling schedules. Gain hands-on experience through practical examples, comprehensive problems, and do-it-yourself exercises with step-by-step guidance.
