Tax Planning for Small Businesses - Tax Staff Essentials
Overview
Tax planning strategies for now and then
Clients want help with present and future business services. Which tax planning strategies will you provide for your corporate and small business clients?
Course materials are updated for the latest legislation and IRS guidance. They provide the information needed to answer tough questions and show you the best strategies for your clients.
Materials are updated for the following tax changes:
Meet the needs of small businesses at every stage
Even though the materials focus on taxes, taxes are only one of many considerations a small business owner must make when forming a new entity.
The course covers common small business matters at different stages in the business lifecycle:
Content for all entity types
What do you need to do to form a sole proprietorship, partnership, or other type of entity? As we address this question, you will consider the nuances of each entity structure.
Highlights
Prerequisites
Working knowledge of business taxation
Designed For
Objectives
- Identify important tax considerations for the small business at each stage of its life.
- Calculate the qualified business income (QBI) deduction, built-in gains (BIG) tax, and the deduction for organizational costs and start-up costs.
- Differentiate the advantages available for small businesses based on entity type.
- Apply the four tiers of business losses for noncorporate taxpayers.
- Analyze which activities of a taxpayer are subject to self-employment taxes.
Non-Member Price $269.00
Member Price $225.00