Provide insightful recommendations for the challenges faced by your closely held business clients. Employ smart business decisions that will minimize the tax burden, not only on the business, but also on the owners. The concepts are uniquely laid out in the course to allow you to easily and quickly identify those tax- saving strategies that fit your client’s situation. Course materials include the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law.
DESIGNED FOR
Managers and partners in public accounting who assist clients with tax planning and transactions, and owners and CFOs of closely held businesses.
BENEFITS
- Recognize developing tax issues that are impacted by the business' operations
- Explore strategies relating to benefits, choice of entity, basis considerations, financing alternatives, passive activity, nexus, cancellation of debt, bankruptcy, and compensation
- Implement strategies to reduce the taxes paid by the business
- Recognize and plan for the impact of the business taxes upon the owners of the business
HIGHLIGHTS
- Entity options
- Compensation
- Retirement plans and deferred compensation
- Passive activities and at-risk issues
- Shareholder/partner basis
- Insolvency and bankruptcy
- Business losses
- Distressed properties
- Tax credits
- Succession planning
- Multistate taxation
COURSE LEVEL
Intermediate
PREREQUISITES
Experience in business taxation.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *AICPA members deduct an additional $30 from applicable price.
Course materials are distributed electronically and we’ve passed the savings along to you - registrants save $20 on all 8-hour seminar pricing. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.
Help Feed Those in Need- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.