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. Topics discussed • 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
Solve the unique tax problems affecting small businesses.~Identify savings opportunities and pinpoint tax traps.~Substantially cut your small business clients’ tax bills.
Basic knowledge of business taxation