2019 Tax Strategies under the New Order of the Tax Cuts and Jobs Act (11 AM EST) (Completed)

Date: Wednesday, October 23, 2019
Instructor: Greg White
Begin Time:  8:00am Pacific Time
9:00am Mountain Time
10:00am Central Time
11:00am Eastern Time
CPE Credit:  1 hour for CPAs
1 hour Federal Tax Law Updates for EAs and OTRPs
1 hour Federal Tax Updates for CTEC

2019 Tax Strategies under the New Order of the Tax Cuts and Jobs Act: Viewing Federal Taxes through the Lens of Tax Reform.

Tax reform fundamentally changes many traditional tax planning concepts and rules. Join us in a as we discuss the new rules, and how to apply them to real-life tax planning and compliance.

Topics Covered

  • Purchases of a businesses and sales of a businesses
  • Business entity choice: S corporation vs. LLC under tax reform
  • Financing decisions when forming a new business or financing an existing business
  • Choosing accounting methods for new businesses
  • Wage planning for S corporation shareholders

Learning Objectives

  • Identify strategies to maximize tax savings when purchasing a business
  • Identify strategies to minimize tax costs when selling a business
  • Identify strategies to maximize the tax benefits when purchasing real estate and minimize the tax cost when selling real estate
  • Recognize how to assist clients who are forming entities in choosing between S corporations, LLCs and C corporations
  • Recognize how to assist clients in financing choices when forming new businesses and capitalizing existing businesses

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
Basic understanding of TCJA.

Advance Preparation
None

 Chat — Books Support