Solid tax planning strategies are essential for your corporate and small business clients. Join us as we explore state-of-the-art planning ideas and tax-saving strategies to keep more of your client’s money in their pockets. We’ll answer the tough questions and show you what strategies are best for your clients. Course materials will include the impact of the Tax Cuts and Jobs Act of 2017 tax reform law.
Learning Objectives
Solve the unique tax problems affecting small businesses
Identify savings opportunities and pinpoint tax traps
Substantially cut your small business clients’ tax bills
Major Topics
Business tax changes in recent legislation, court decisions, and IRS guidance
Impact of new 0.9% and 3.8% Medicare taxes on business owners
C corporation moves to avoid potentially higher individual tax rates
Managing Section 1231 losses and gains for optimal tax results
Perfect storm for loans from corporations to shareholders
Update on passive loss rules for LLC members
Minimizing SE tax for LLC members
Husband-wife businesses: tax-saving strategies
The 100% gain exclusion for qualified small business corporation stock
When to switch from C Corporation to S Corporation status (or not)
Fringe benefit planning for partners and S corporation shareholder-employees
Update on reasonable compensation for C and S corporation shareholder-employees
Advantages of including debt in corporate capital structures
Converting corporation into LLC or LLP: tax implications
Ownership exit strategies including family corporations and divorce situations
