This LIVE webinar is on 1/30 2 pm - 4 pm EST.

Webinar Description:

This IRS-approved webinar, "Choice of Entity and Tax Issues," happening on January 30th from 2-4 PM, is presented by tax expert Jason Dinesen. This webinar counts for 2 Hours of Federal Tax Law for IRS Continuing Education.  Business creation and the evolution of hobby to business drastically influence the preparation of a client’s tax return. Many times, clients will either have questions related to entity formation for their tax preparer or form entities without understanding the advantages and limitations related to entity formation. This two-hour webinar covers the differences between S-Corporations, C-Corporations, Partnerships, and Sole Proprietors in relation to tax law. Attendees will learn the tax advantages and disadvantages of each entity so that they may advise clients appropriately. Through case studies, attendees will learn to identify the tax outcomes based on entity type, allowing them to better advise their clients. 

Areas covered in the session:

• Impact of Tax Cuts and Jobs Act on Business Entities
• Gathering information from clients and being part of a team to support them
• Engagement Management
• Sole Proprietor (advantages, disadvantages, hiring children, spouses, warnings)
• Partnerships (advantages, disadvantages, basis, ordering rules, debts, BBA Audit Rules)
• S-Corporations (advantages, disadvantages, debt, start-up, reasonable compensation, basis, debt, shareholder loans, basis tracking)
• C-Corporations (advantages, disadvantages)
• Case Study
• Qualified Business Income
• Management Companies
• DayCares
• Investment Advisors and Entity Selection (review of tax court cases)
• Takeaways
•  Final Case Studies 

After participating in this webinar, attendees will be able to:

• Articulate the differences between S-Corporations, C-Corporations, Partnerships and Sole Proprietors.
• Highlight the tax advantages of each entity type.
• Highlight the limitations of each entity type.
• Better advise clients regarding entity formation based on possible tax outcomes, advantages, and limitations. 

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 over 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.

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