This comprehensive course describes and compares sole proprietorships, partnerships, limited liability companies, “C” corporations and “S” corporations. It examines their advantages and disadvantages, permitting the reader to properly select the right business entity for their tax and liability needs. Major emphasis is given the maximization of tax benefits in each business format. Fringe benefits, retirement plan alternatives, and nonqualified deferred compensation are discussed in detail.
Prerequisites: General understanding of federal income taxation.
CPE Credit: 22.5
Field of Study: Taxes: Technical
Course expiration: You have one year from date of purchase to complete the course.
Publication Date: July 2021