Events Search
  Summary & Check Out (0)
Thursday, December 8, 2022 Live Webcast

Tax Planning for Small Businesses (E2212342)

8:30 AM - 12:00 PM EST

Registration: 8:00 AM EST

webcast

ON24

4 CPE Credits in TX

OVERVIEW

Clients want help with present and future business services. Which tax planning strategies will you provide for your corporate and small business clients? Updated for the latest legislation and IRS guidance on tax reform, this course answers the tough questions and shows you what strategies are best for your clients We use a case-study approach to explore opportunities for businesses and how the tax practitioner can continue to add value for their clients. Discussions will include traditional and new planning opportunities as a result of the latest tax legislation, including the SECURE 2.0 Act, and IRS guidance.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Tax professionals with smallbusiness clients

BENEFITS

  • Starting a business — the tax life of a business
  • Selecting a business entity type - Section 199A and the Qualified Business Income deduction
  • Accounting methods
  • Reasonable compensation issues
  • Depreciation, Section 179, and bonus depreciation planning considerations
  • Retirement planning
  • Buy-sell and noncompete agreements
  • Tax considerations when selling a business
  • Partnership hot assets and other look-through provisions
  • HIGHLIGHTS

    • 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.
    • Recall the tax treatment of fringe benefits granted to partners and S corporation shareholders.
    • Recall the tax implications of contributions by new investors to a corporation and partnership.
    • Identify the benefits and structures of buy-sell agreements for small business owners.

    COURSE LEVEL

    Advanced

    PREREQUISITES

    Basic knowledge of business taxation

    ADVANCE PREPARATION

    None

    INSTRUCTOR

    Bruce Nelson

    Bruce M. Nelson, CPA, M.A.

    AICPA

    Bruce M. Nelson, MA, CPA Ehrhardt, Keefe, Steiner & Hottman, P.C. / Denver, CO Bruce M. Nelson is a CPA with the firm of Ehrhardt, Keefe, Steiner & Hottman, P.C. Prior to joining EKS&H he practiced as a CPA with Silverstein & Pomerantz. Bruce’s experience also goes back to two years as the Manager of Tax Policy at the State of Colorado. Before that, he was a Senior Tax Manager for several years in a “Big Four” accounting firm, where he ran the state and local tax desk. Bruce earned his B.A. degree from the University of Nebraska-Lincoln and a Master’s degree from Colorado State University and is a licensed CPA Colorado. He is on the adjunct faculty for Regis University where he teaches courses in individual, partnership, and corporate taxation. He is a frequent seminar speaker teaching continuing education in state and local tax for the University of Denver’s Graduate Tax Program, the Colorado Society of CPA’s, and the American Institute of CPAs. Bruce has published more than forty tax articles in many publications including the Journal of Accountancy, Tax Executive, Controller Magazine, the Journal of Multistate Taxation, State Tax Notes, and Colorado Lawyer. Bruce is the author of AICPA’s CPE courses Multistate Income Tax: Simplifying the Complexities and also Sales and Use Tax: Guide to Doing it Right. A former columnist for the Journal of State Taxation, he is also the co-author of the Sales and Use Tax Answer Book and co-editor of the Guidebook to Colorado Taxes, both published by Commerce Clearing House. He is a member of the American Institute of Certified Public Accountants and the Colorado Society of Certified Public Accountants. 11-2009 LH

    PRICING

    $189.00 - Member

    $264.00 - Nonmember

    Pre-Registration Closed

    Online pre-registration for this event is now closed.

    ADDITIONAL OPTIONS

    Print a registration form

    COURSE DEVELOPER

    AICPA/NJCPA