Celebrating 25 years serving our friends and customers!
Choosing the Right Business EntityCode: 25-COE
Add to Cart
Course Details
525 Pages
This comprehensive book describes and compares sole proprietorships, partnerships, limited liability companies, C- corporations and S- corporations. It examines their advantages and disadvantages, permitting the reader to properly select the right business entity for their tax and liability needs. Major emphasis is given the maximization of tax benefits in each business format. Fringe benefits, retirement plan alternatives, and nonqualified deferred compensation are discussed in detail
OBJECTIVES:
To evaluate sole proprietorships, partnerships, corporations and limited liability companies, alerting practitioners to the tax traps, planning opportunities, fringe benefits, and legal implications in selecting a business entity.
MAJOR TOPICS:
-
Entity Formation
-
Administrative Cost & Fees
-
Schedule C
-
Self-Employments Tax
-
Estimated Taxes
-
Classification of Assets
-
Comparative Tax Rates
-
Business Dispositions
-
Conduit Entities
-
Controlled Group Rules
-
Business T&E
-
Compensation Limitations
-
Forms 1065, 1120 & 1120s
-
Capitalization
-
Fringe Benefits
-
Passive Loss Rules
-
Related Party Transactions
-
Personal Service Corporations
-
Personal Holding Companies
-
Accounting Method & Tax Year
-
Retirement Plans
-
Subsidiaries
-
Reorganizations
-
Estate & Gift Planning
Presentation Method: Self-Study
Category: Taxation
CPE credit: 22 Hours
Program Level: Basic To Intermediate
Prerequisites: None
Advance Preparation: None
Exam expiration date: Participants must submit exams for grading within one year from the date of purchase