Description
Help clients navigate entity issues. Learn the best techniques to select various entity forms to solve your clients' tax and business problems.
Designed For
- CPA firm seniors (and above) and other tax professionals looking for the best techniques to select various entity forms to solve their clients' tax and business problems.
Objectives
- Understand the types of business entities and the tax advantages and disadvantages of each.
- Identify circumstances that warrant converting from an S to C corporation and gain a basic understanding of how to make the conversion.
- Interpret tax issues related to the formation of a corporation.
- Evaluate other considerations regarding different entities and the impact on the business owner.
Highlights
- Types of entities
- Formation and elections
- Start-up and organization costs
- Advantages and disadvantages comparison