Choosing the right business entity can have long-term tax consequences for both business owners and the tax professionals advising them. From sole proprietorships and partnerships to S corporations and C corporations, understanding how each structure impacts taxation, liability, compliance responsibilities, and future planning opportunities is critical.

In this live 2-hour webinar, Jason Dinesen, EA, breaks down the most common entity structures and explains how tax professionals can better evaluate which option may align with a client’s goals, income level, operational needs, and long-term strategy.

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

This session will explore the tax implications, advantages, limitations, and common misconceptions surrounding various entity types. You’ll gain practical insight into how entity selection can affect self-employment taxes, reasonable compensation requirements, deductions, compliance obligations, and business flexibility.

Whether you work with new business owners, existing small businesses, or clients considering restructuring, this webinar will help you better understand the factors involved in making informed entity decisions.

Learning Objectives

By attending this webinar, participants will be able to:

• Identify the primary differences between sole proprietorships, partnerships, LLCs, S corporations, and C corporations
• Explain how business entity selection impacts federal taxation and reporting requirements
• Recognize common tax advantages and limitations associated with each business structure
• Understand self-employment tax considerations and payroll implications for certain entities
• Evaluate when an S corporation election may or may not make sense
• Identify common mistakes business owners make when selecting an entity structure
• Better guide clients through entity-related tax planning conversations

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

About the Presenter:

Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses. 

Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more. 

He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.