Online-Live
Tax Planning for Small Businesses
Wednesday, November 6, 2024 | 9:00 am - 12:30 pm
Course # 160096 | by AICPA
Members SAVE $0
$0.00
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Speakers: Deborah A. Phillips
Time: 9:00 am - 12:30 pm
Total Credits: 4.0
Earn Up To: 4.0 OT credits
Level: Advanced
Vendor: AICPA

What you will learn

When you complete this course, you will be able to:

  • Identify important tax considerations for the small business at each stage of its life.
  • Calculate the qualified business income (QBI) deduction, built-in gains (BIG) tax, and the deduction for organizational costs and start-up costs.
  • Recall the tax treatment of fringe benefits granted to partners and S corporation shareholders.
  • Recall the tax implications of contributions by new investors to a corporation and partnership.
  • Identify the benefits and structures of buy-sell agreements for small business owners.

Description

Clients want help with present and future business services. Which tax planning strategies will you provide for your corporate and small business clients? Updated for the latest legislation and IRS guidance on tax reform, this course answers the tough questions and shows you what strategies are best for your clients We use a case-study approach to explore opportunities for businesses and how the tax practitioner can continue to add value for their clients. Discussions will include traditional and new planning opportunities as a result of the latest tax legislation, including the SECURE 2.0 Act, and IRS guidance.

Prerequisites:
Basic knowledge of business taxation

Advanced Preparation:
None

PRICING DETAILS
Register early to take advantage of the best price! Please note, discounted pricing is already reflected in the online price. No promo code is needed.
Through October 9: $190 MICPA Members / $265 Non-Members
October 10 - October 23: $200 MICPA Members / $275 Non-Members
October 24 - November 6: $210 MICPA Members / $285 Non-Members

  • Starting a business — the tax life of a business
  • Selecting a business entity type
  • Section 199A and the Qualified Business Income deduction
  • Accounting methods
  • Reasonable compensation issues
  • Depreciation, Section 179, and bonus depreciation planning considerations
  • Retirement planning
  • Buy-sell and noncompete agreements
  • Tax considerations when selling a business
  • Partnership hot assets and other look-through provisions

CPAs looking for innovative tax planning and savings techniques to solve client problems.

  • Deborah A. Phillips
MICPA delivers the highest quality education experience. If you are not satisfied with your course, call us at 1.855.594.4273. We will make it right.