Taxation of Business Entities

Overview

Description:

This course will introduce you the different types of business entities and the tax implications of contributions, distributions and earnings, among other topics.

Learning Objectives:

After attending the presentation you will be able to...

• Be able to differentiate between the different types of business entities
• Be able to determine if a business client is using the most tax efficient entity structure based on its business goals.

Program Content:

The major topics that will be covered in this class include:

• Types of business entities (Sole proprietorship, Partnership, Corporation, Limited Liability Company and Limited Liability Partnership)
• Considerations in choosing a business entity, including taxes, limited liability protection, management & control, funding options & opportunities, tax consequences for the owners and the business.
• Future tax considerations that will impact various business entities.

Who should attend: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.

Developed By: Allison M. McLeod, LL.M., CPA. A PLLC

Instructor: Allison M. McLeod, LL.M., CPA

CPE Credit: 2.0

Field of Study: Taxes (2 CPE)

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study

Highlights

• Types of business entities (Sole proprietorship, Partnership, Corporation, Limited Liability Company and Limited Liability Partnership)
• Considerations in choosing a business entity, including taxes, limited liability protection, management & control, funding options & opportunities, tax consequences for the owners and the business.
• Future tax considerations that will impact various business entities.

Prerequisites

None

Designed For

This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.

Objectives

• Be able to differentiate between the different types of business entities
• Be able to determine if a business client is using the most tax efficient entity structure based on its business goals.

Preparation

None