Reducing a Business Owner Client’s Exposure to Social Security and Self-Employment Taxes Webinar

Aug 19
10:00 - 12:00 p.m.

Online

2-Tax
CPE Credits

Many business owner clients wish to minimize their Social Security and self-employment tax liabilities. This course provides tax practitioners with the background to understand what kinds of income constitute self-employment income and earned income. It covers strategies that can be used to reduce clients' exposure to the self-employment tax and Social Security tax.
Highlights

Section 1402(a)(1) exclusions from the definition of self-employment income
Application of the SE tax to members of limited liability companies
Taking a self-employed owner's health insurance deductions against self-employment tax
How using the S corporation and the MMLLC treated as a partnership can help reduce an individual's exposure to self-employment tax
How hiring a spouse and/or child helps reduce self-employment tax
Differentiating between income treated as self- employment income and income that is not self-employment income

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. REXE-2022-01-WEBNR-231-01 Level: Intermediate

Prerequisites: Basic knowledge of individual income tax

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.