BarbriSFCourseDetails
  • videocam Live Online with Live Q&A
  • calendar_month December 19, 2025 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Tax Preparer
  • schedule 110 minutes

Tax Planning With QSubs: Benefits and Caveats, Making the Election, Late Filing Relief

$197.00

This course is $0 with these passes:

CPE
ALL
  1. keyboard_arrow_leftBack
BarbriPdBannerMessage

Description

The use of QSubs provides tax planning opportunities for electing S corporations. QSubs are treated as a disregarded entity for tax filings, simplifying tax reporting, and can provide liability protection and segregation of separate lines of business. An S corporation electing QSub treatment for a corporation can do so tax-free, provided Section 332 and 337 requirements are met. 

Along with the advantages of QSubs, there are caveats to consider. The proposed subsidiary must meet the general S corporation requirements, including having no more than 100 shareholders and being a domestic entity. A sale of QSub stock is treated as an asset sale for tax purposes and could create unanticipated tax consequences for its parent. Tax practitioners working with flow-through entities must understand the tax planning opportunities presented by QSubs. 

Listen as our panel of pass-through entity experts explains the benefits and caveats of QSubs. 

Presented By

Oleg Shmal
EA, Tax LLM
Heroic Solutions CPA

Mr. Shmal has over 25 years of international tax experience, including Director-level and senior management roles with KPMG and PwC. He currently advises clients on U.S. tax planning matters involving pass-through entities and S corporation structuring. Mr. Shmal holds degrees with honors in Law, Finance, and Public Administration and is completing his LL.M. in Taxation at the University of Florida Levin College of Law. He frequently publishes and presents on tax topics, including his recent article, “Mitigating Late QSub Election Submission Risk When Using an F Reorganization with Conversion into an LLC for the Acquisition of an S Corporation.”

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Friday, December 19, 2025

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Tax planning with QSubs: introduction

II. Qualifications

III. Benefits

A. Liability protection

B. Separating business activities

C. Simplified tax filing

D. Tax-free liquidation

E. Other benefits

IV. Caveats

A. Sale of QSub stock

B. State implications

C. Other caveats

V. F-Reorganizations

VI. Form 8869 Qualified Subchapter S Subsidiary Election

VII. Revenue Procedure 2022-19

VIII. Late filing relief

The panel will cover these and other critical issues:

  • Corporations qualifying for QSub elections
  • Benefits of making a QSub election
  • Remedies available for late and missed elections
  • Filing Form 8869, Qualified Subchapter S Subsidiary Election

Learning Objectives

After completing this course, you will be able to:

  • Identify qualifications of corporations electing QSub treatment
  • Determine how to complete Form 8869 to elect QSub status
  • Decide what relief is available for late QSub elections
  • Ascertain how QSubs elections are utilized in tax planning
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and their respective partners and shareholders.


BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .