Tax Considerations and Consequences for Closely Held Businesses

Description

Provide insightful recommendations for the challenges faced by your closely held business clients. Employ smart business decisions that will minimize the tax burden, not only on the business, but also on the owners. The concepts are uniquely laid out in the course to allow you to easily and quickly identify those tax-saving strategies that fit your client’s situation.

Learning Objectives
  1. Recognize developing tax issues that are impacted by the business' operations
  2. Recall key points concerning strategies relating to benefits, choice of entity, basis considerations, financing alternatives, passive activity, nexus, cancellation of debt, bankruptcy, and compensation
  3. Identify how to implement strategies to reduce the taxes paid by the business
  4. Recognize and plan for the impact of the business taxes upon the owners of the business.
Major Topics
  1. Entity options
  2. Compensation
  3. Retirement plans and deferred compensation
  4. Passive activities and at-risk issues
  5. Shareholder/partner basis
  6. Insolvency and bankruptcy
  7. Business losses
  8. Distressed properties
  9. Tax credits
  10. Succession planning
  11. Multistate taxation
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Tax
Advanced Preparation
None
CPE Field of Study
Taxes
8
Who Should Attend
Managers and partners in public accounting who assist clients with tax planning and transactions, and owners and CFOs of closely held businesses
Instructor(s)
Arthur Flach
Prerequisites
Experience in business taxation
Advanced Preparation
  1. None
Location

Loyola Graduate Center, 2034 Greenspring Dr Timonium, MD 21093

View in Google Maps
Register Now
When
Nov 16, 2017
8:00 am - 3:30 pm
Location
Loyola Graduate Center, 2034 Greenspring Dr Timonium, MD 21093
Total CPE Credits
8
Format
In-Person
Instructor
Arthur Flach

MEMBER


$ (% off)
$295.00

NON-MEMBER


$ (% off)
$395.00
Become a Member

Register for this Event

Tax Considerations and Consequences for Closely Held Businesses


Loading