Surgent's Getting the Choice of Entity Right: Tax Law, Strategy, and Tactics (CBES)

Course Details

Date

Self-Study

Location

Online

Field of Study

Taxation

CPE Credit

8 hours CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

A basic course in partnerships/LLCs and in S corporations

Description

Tax rates are always a critically important factor in choosing the form of business organization, and the individual and corporate rates are particularly important in 2018 and beyond. The rates demand a reconsideration of current businesses and a different analysis for new ventures. By comparing and contrasting the tax aspects of C corporations, S corporations, partnerships, sole proprietorships, and limited liability companies, this course focuses on distinctions that can make big differences. This in-depth course will cover planning opportunities and potential pitfalls in developing a business structure. This course is a must for all practitioners.

Highlights

  • Tax considerations in the organization of an enterprise and the pitfalls to avoid
  • Non-tax considerations
  • How income tax rates affect choice of entity
  • Formation of a sole proprietorship, partnership, LLC, single-member LLC, S corporation, and C corporation
  • Practical guidelines on which entity structure to use under various circumstances and relevant changes in the law
  • Comparing and contrasting the tax aspects of partnerships with sole proprietorships, S corporations with partnerships, C corporations with S corporations, and partnerships with C corporations, and limited liability companies with all other entities
  • Choice of entity in structuring real estate investments or a professional business
  • Fringe benefits and retirement plans: which entities have special advantages
  • Liquidations, dissolutions, and dispositions of a business
  • Case study explores the questions of related corporations
  • NEW: Tax rates under the 2017 Act, in particular, new §199A, which provides a deduction of 20%, in certain instances, to pass throughs such as LLCs and S corporations

Designed For

CPAs who

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

$125.00
Non-Member Fee

Applicable if you are not a WYOCPA member.

$125.00
Your Price $125.00

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