When clients ask about choosing between a C corporation and an S corporation, the decision goes far beyond legal paperwork. Each entity type carries distinct tax consequences, planning opportunities, and long-term implications for business owners and their shareholders. Advisors who can clearly explain these differences add real value to client conversations and strategic planning.
This CE course takes a practical look at the tax treatment of C and S corporations, focusing on how profits, distributions, and retained earnings affect both the company and its shareholders. We’ll break down how tax liability shifts under each structure, and why those shifts matter when clients are evaluating growth goals, succession strategies, or shareholder objectives. Real-world examples and client scenarios will highlight how to frame the decision-making process in ways that resonate with business owners.
Major Topics:
- Profit allocation and taxes
- Retained earnings implications
- Distribution tax treatment
- Built-in gains risks
- Entity election strategies
By the end of this CE course, you’ll have the tools to compare C and S corporation tax outcomes with confidence. Equip yourself to guide clients through entity decisions that align with both business goals and shareholder objectives.
Learning Objectives: 
- Discuss when an S or C election provides tax advantages.
- Analyze retained earnings and distribution consequences in both corporation types.
- Identify risks associated with the built-in gains tax after election.
- Explain entity election choices and anticipate implications of future changes.
- Explore frameworks for guiding client decisions on corporate tax structures.
Credits and Other information:
- Recommended CPE credit – 2.0
- Recommended field of study – Information Technology
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Self Study
- IRS Course ID: PJGWS-T-00137-26-S
- Attendance Requirement: Yes
- Session Duration: 2 Hours
Who Should Attend?
This course is designed for:
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Attorneys
- Tax Managers
- Controllers
- Partnerships and S Corporation Advisors
- Business Tax Consultants
Speaker Profile:
Elan Becker is an Enrolled Agent admitted to practice before the IRS and the founder of Enrolled Agent Concierge, a boutique tax advisory practice known for white-glove service, responsiveness, and practical tax solutions. The firm guarantees a 48-hour client response time or the next month is free. With over a decade of experience in accounting, auditing, operations, and tax, Elan specializes in tax advisory, compliance, and resolution, guiding entrepreneurs and high-net-worth individuals through complex IRS codes to make tax work in their favor.
Credits and Other information:
- Recommended CPE credit – 2.0
- Recommended field of study – Information Technology
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Self Study
- IRS Course ID: PJGWS-T-00137-26-S
- Attendance Requirement: Yes
- Session Duration: 2 Hours
A self-study course allows you to complete an educational program at your own pace and convenience, without attending a scheduled live webinar.
Depending on the course, the program may include:
- Recorded educational content
- Presentation materials and handouts
- Learning objectives
- Review questions
- Final assessment/examination
- Course evaluation
- Certificate of completion
After completing your registration, log in to your account and go to the "My Webinars" / "My Courses" section.
Your purchased self-study courses will be available there, along with applicable course instructions and materials.
Yes. Self-study programs are designed to provide flexibility and allow you to complete the educational content at your convenience, subject to the access period specified for the particular course.
To receive IRS CE credit, you must successfully complete all applicable course requirements.
These may include:
- Completing the required educational content
- Completing required review questions
- Successfully passing the final assessment/examination
- Completing the course evaluation
- Providing required participant information
The specific requirements may vary depending on the course.
Yes. Qualifying self-study programs include a final assessment/examination where required.
Participants must achieve the applicable passing score to receive credit.
For IRS self-study programs, the required passing score is 70%.
Yes. We provide online self-study continuing education programs for tax and accounting professionals.
Our qualifying programs are designed to provide IRS Continuing Education (CE) credits for eligible tax professionals, subject to the specific course and applicable IRS requirements.
Where permitted under the applicable course requirements, participants may retake the assessment until they meet the required passing score.
Any applicable retest instructions will be provided within the course.
After successfully completing all required components of the course, your certificate of completion will be made available according to the applicable processing schedule.
The certificate may be delivered by email and/or made available through your online account.
Your certificate may include:
- Participant name
- Course title
- Completion date
- CE hours
- Field of study
- Delivery method
- Provider information
- Applicable program identification information
Eligible course completions are reported to the IRS according to the applicable IRS reporting requirements and timeframe.
Participants should ensure that their registration information, including their PTIN where applicable, is accurate.
If the course is being completed for IRS CE, you may be required to provide your Preparer Tax Identification Number (PTIN) and other required information.
Please ensure that your information is accurate and matches your IRS records.
Yes, where downloadable materials are included with the course.
Materials may include:
- Presentation slides
- Handouts
- Reference materials
- Other course materials
- Availability may vary by course.
Yes, you may generally review the course content during your authorized access period.
However, CE credit is awarded only once for qualifying completion of the course, subject to applicable requirements.
Click "Forgot Password" on the login page and enter your registered email address.
You will receive instructions to reset your password.
For additional assistance:
Email: support@pro2learn.com
Phone: +1- 937-993-0372
Cancellation and refund eligibility depends on the specific product and applicable terms and conditions.
To request a cancellation, contact: support@pro2learn.com
Please provide your name, registered email address, and course information.
Log in to your account and go to "My Webinars" / "My Courses."
Your previously purchased courses and applicable materials will be available there.
If you experience any difficulty accessing a course, contact: support@pro2learn.com
First, check your spam/junk folder and your online account.
If your certificate is not available after the applicable processing period, contact:
support@pro2learn.com
Our support team will verify your completion status and assist you.
You generally need:
- Reliable internet connection
- Computer, tablet, or compatible device
- Current web browser
- Speakers or headphones
- Active email address
Additional requirements, if applicable, will be provided with the course.
Completing a course does not necessarily mean that it satisfies every continuing education requirement applicable to your individual credential, license, or renewal period.
Participants are responsible for confirming that the course meets their specific requirements.
Live Webinar
- Attended at a scheduled date/time
- Instructor presents live
- Attendance requirements may apply
- Live interaction may be available
- Certificate after qualifying attendance/completion
Self-Study Course
- Completed at your own pace
- Recorded/self-paced educational content
- Completion and assessment requirements apply
- Assessment may be required
- Certificate after qualifying self-study completion
Need Assistance?
For questions regarding IRS CE, course access, certificates, reporting, login, or course materials, please contact:
Email: support@pro2learn.com
Phone: +1- 937-993-0372
Support Hours: Monday–Friday, 9:00 AM–6:00 PM EST/EDT