Tax Planning for Small Businesses

Dec 11
8:00 - 11:30 a.m.

Fairfield Inn & Suites Philadelphia Broomall/Newtown Square
Broomall - Map

4-Tax
CPE Credits

Differentiate the entity types available to small businesses. Calculate the Qualified Business Income (QBI) deduction under Section 199A. Identify the pros and cons of choosing certain entity types under the Tax Cuts and Jobs Act.
Highlights

Tax treatment of fringe benefits granted to partners and S corporation shareholders
Strategies for depreciation of business tangible property
IRS concerns regarding reasonable compensation for an S corporation owner vs. a C corporation owner
Depreciation, Section 179, and bonus depreciation
Transactions with owners
Buy-sell and noncompete agreements
Exiting a business: special techniques