The Choice of Entity Decision: What is Best for Your Client?

Overview

This course will identify the factors in the choice of entity decision while considering the impact of various recent tax act provisions.

Prerequisites

Basic understanding of tax and entity decision

Objectives

• Determine the factors in the choice of entity decision considering the impact of various recent tax act provisions.

Highlights

• Recent tax legislation and developments related to various entities, including sole proprietorships, single member LLCs, partnership/LLCs, S corporations, and C corporations.
• Impact of the Section 199A deduction
• Ramifications of the C to S election and the S to C election
• Corporate tax rate to individual tax rate comparison examples
• Other related topics