Business Tax Planning
CPE Credit: 4 hours
This 4-hour webcast is designed to provide suggestions and tips for sharing with the tax practitioner and for use in assisting clients with their business tax planning practices. There are many factors that should be considered before utilizing any of these ideas.
Topics Covered
- S Corporation vs. C Corporation
- Partnership vs. S Corporation
- Dividends/ capital gain vs. ordinary income
- Organizational and start-up costs
- Setting realistic goals in planning
- Client communications with respect to planning ideas
- Shareholder loans to c Corporations
- Shareholder loans to s Corporations
- S Corporations built-in gains tax
- Corporate stock vs. asset sale
- Gifting family business interest
- Buy/sell agreement funding
- Conversion of single-owner to multiple-owner LLC
- Tax on appreciated real estate
- Home office for small business
- Planning to avoid hobby loss situations
- Deducting medical expenses paid to employee-spouse
- Lodging and meals for shareholders-employees
- Hiring dependents
- Kiddie tax
Learning Objectives:
- Provide numerous suggestions with an eye toward planning for a successful business
- Provide numerous suggestions with an eye toward maximizing tax benefits planning
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