This course will arm the participant with clarity about alternatives
regarding choice of entity. Participants will be empowered to have more
focused discussions with their clients and to offer recommendations to
those clients who own businesses or are planning to do so.
Learning Objectives
Understand the types of business entities and the tax advantages and disadvantages of each
Identify circumstances that warrant converting from 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
Major Topics
Formation and elections
Start-up and organization costs
Advantages and disadvantages comparison
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Business & Industry
Tax
CPE Field of Study
Taxes
3.5
Who Should Attend
Primarily managers and partners in public accounting, CFOs, controllers, and business owners