Choosing the right business entity can make or break your client’s tax strategy—and it’s more complex than ever under updated IRS regulations and recent legislation like the OBBBA. In this 2-hour IRS-approved webinar, Doug Stives, CPA, MBA, will walk you through the tax implications, legal protections, and strategic opportunities available when selecting or restructuring a business entity. This course qualifies for the Annual Filing Season Program (AFSP) and is essential for tax professionals looking to advise with confidence and clarity. This course also counts for 2 Hours of Federal Tax Law for IRS Continuing Education. 

From minimizing payroll taxes and maximizing the QBI deduction to understanding the nuances of IRC Sections 1202, 754, and 183, you’ll gain powerful insights that can help your clients thrive—while avoiding costly missteps. 

What You’ll Learn:

• How to choose the best entity structure to minimize taxes and maximize owner benefits
• Pros and cons of C Corporations, S Corporations, LLCs, LLPs, Partnerships, and Sole Proprietorships
• Strategies for protecting personal assets and providing tax-free owner benefits
• How to allocate prices of stock and assets when buying or selling a business
• Using Net Operating Losses and avoiding disallowed business losses (IRC 183)
• Key updates to IRC 1202 under the OBBBA
• Payroll tax minimization strategies
• Insights into IRC Section 754 elections
• How to optimize the Qualified Business Income (QBI) deduction

This course counts for 2 Hours of Federal Tax Law for IRS Continuing Education. 

About the Presenter:

Doug Stives is considered a worldwide leader in public and management accounting by AICPA & CIMA. He is a CPA, MBA, and recently retired professor of Accounting at Monmouth University and a professional speaker at many organizations and conferences. Doug was honored as Monmouth's Outstanding Business Professor of the Year in 2009, 2016, and 2024 and was awarded an Outstanding Educator award in 2021 by the New Jersey Society of CPAs. Frequent media exposure includes The Wall Street Journal and other national publications and television, including CNN, CNBC, PBS, NBC, Fox, CBS, ABC, and several cable networks. Doug was once dubbed as the "Most Tax Efficient Man in America" by the Wall Street Journal.