Tax rates are always a critically important factor in choosing the form of business organization, and the individual and corporate rates in 2015 and beyond demand a reconsideration of current businesses and a different analysis for new ventures. By comparing and contrasting the tax aspects of C corporations, S corporations, partnerships, sole proprietorships, and limited liability companies, this
course focuses on distinctions that can make big differences. This in-depth course will cover planning opportunities and potential pitfalls in developing a business structure. This course is a must for all practitioners.
Identify the various business organizations available and their nontax criteria; distinguish the tax characteristics of a sole proprietorship, LLC/partnership, S corporation, and C corporation; understand the formation and exit strategy tax issues
CPAs who are considering starting a new business or who advise clients on the form of business organization that is best in light of recent tax law changes
A basic course in partnerships/LLCs, and in S corporations