Taxation of Business Entities

Overview

This course will introduce you the different types of business entities and the tax implications of contributions, distributions and earnings, among other topics.

Highlights

• Types of business entities (Sole proprietorship, Partnership, Corporation, Limited Liability Company and Limited Liability Partnership)
• Considerations in choosing a business entity, including taxes, limited liability protection, management & control, funding options & opportunities, tax consequences for the owners and the business.
• Future tax considerations that will impact various business entities.

Prerequisites

None

Designed For

This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications.

Objectives

• Be able to differentiate between the different types of business entities
• Be able to determine if a business client is using the most tax efficient entity structure based on its business goals.

Preparation

None