2024 How to Choose the Right Business Entity for Your Client
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Overview:
Tax rates, personal liability, operations – these are all factors to be weighed when advising clients about their choice of entity decision. This session provides a comparison of the multiple entity choices to start the discussion with clients and selecting the best tax efficient option for them.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Objectives:
- Identify recent tax development impacting partnerships, LLCs, S Corporations, C corporations and sole proprietors
- Identify the tax benefits and consequences of multiple business entities
Major Topics:
- Recent tax legislation and developments related to choice of entity -- such as sole proprietorship, single member LLCs, partnership/LLCs, S corporations, and C corporations
- Impact of the Section 199A deduction
- Ramifications of the C to S election and the S to C election
- Corporate tax rate to individual tax rate comparison examples
Major Topics:
- Recent tax legislation and developments related to choice of entity -- such as sole proprietorship, single member LLCs, partnership/LLCs, S corporations, and C corporations
- Impact of the Section 199A deduction
- Ramifications of the C to S election and the S to C election
- Corporate tax rate to individual tax rate comparison examples