Self-Study

Choosing the Right Business Entity On-Demand

  • Saturday, May 1, 2021 – Saturday, April 30, 2022

  • 2.00
    CREDITS
    Taxes

In terms of selecting an entity to do business in, the universe shifted with the Tax Cuts and Jobs Act. The tax rate for C corporations was lowered to 21% and the 199A deduction offered pass-through entities the chance to significantly lower the rate at which they are taxed. But how do all these options work and what option is best for what business?

Those questions are at the heart of this Surgent webinar, where tax practitioner presenters discuss, explain, and debate the tax entity choices new and existing businesses have under the Tax Cuts and Jobs Act. We all know that re-examining choice of entity determination is at the top of the agenda for many client meetings. This program will equip you with the knowledge and insights you need to lead those discussions.

Objectives

  • Help clients choose the tax entity that is most advantageous to them in light of prior tax legislation impacting choice-of-entity determinations

Highlights

  • Businesses operating as a C corporation
  • Businesses operating as a pass-through entity
  • Converting to a C corporation 
  • Adopting S corporation status
  • The impact of the §199A deduction on choice-of-entity determinations
  • Loss limitation provisions under the Tax Cuts and Jobs Act and how they impact entity selection

Additional Information

Designed For

Tax practitioners seeking to understand the issues that impact choice-of-entity determinations for 2020

Vendor

Surgent

Advanced Preparation

None

Credits

2.00 Taxes

Prerequisite

A basic course in partnerships/LLCs, S corps, and C corps

Course Number

2124993

Level of Knowledge

Intermediate

Add to Cart

View All Courses