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

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