Practical Planning Bootcamp: S Corps and LLCs

Dec 19
8:00 - 4:00 p.m.

Regional Learning Alliance
Cranberry - Map

8-Tax
CPE Credits

Review what strategies and techniques are most appropriate for businesses in dealing with employee-related issues. Learn how to structure buy-sell agreements. Understand how to incorporate family members into a business, and avoid problems in dealing with related parties.
Highlights

Income splitting and shifting when hiring family members
Maximizing depreciation deductions and applying the new capitalization and repair regulations
Fringe benefit plans: how they play a larger role in getting to a lower taxable income and taking full advantage
Medical benefits: long-term care, HSAs, cafeteria plans, COBRA compliance, and disability
Health care reform
Maximizing retirement benefits
Pension plans: Best options
401(k) plans
Deferred compensation
C corporations: Are they qualified personal service corporations?
Compensation planning
Basis planning: At-risk and passive considerations
Structuring the buy-sell agreement
Why businesses need life insurance?
Related-party transactions
Travel and entertainment
End-of-year W-2 adjustment worksheets
Methods of accounting: Accrual versus cash