Differentiate entity-type options available for small businesses. Select an appropriate strategy for compliance with the Affordable Care Act employer provisions. Identify the various ways in which LLC owners may be subject to self-employment taxes. Choose the correct tax treatment for fringe benefits granted to partners and S corporation shareholders. Highlights
Starting a business: the tax life of a business
Compensation of owners: hiring family members
Reasonable compensation
Tangible property regulations
Managing Section 1231 losses
Transactions with owners
Buy-sell and noncompete agreements
Special techniques for disposing of or liquidating a business in a tax-efficient manner
Registration
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More Information
Course No.
733701
Level:
Intermediate
Prerequisites:
Basic knowledge of business taxation
Notes
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Speaker(s)
William Taylor
Surgent McCoy CPE LLC
William (Bill) F. Taylor is president of Renasant Bank in
Water Valley, Mississippi and an Employee Benefit Advisor for Renasant Financial
Services. He is the author of several books and his articles have appeared in
numerous publications.
Taylor
has been an employee benefit and investment consultant for over 20 years,
beginning his career as the Employee Benefits Coordinator in the Jackson office
of KPMG Peat Marwick and managing his own firm for 10 of those years. He is a
nationally known consultant and speaker and has conducted seminars for the
American Society of Pension Professionals and Actuaries, over 40 states’ CPA and
Bar associations, and other organizations. He was awarded the Outstanding
Discussion Leader award in 2008.
Taylor
graduated from the University of Mississippi with a B.B.A. in Banking and
Finance and a Master of Accountancy in Taxation.