Practical Tax Tips and Techniques for Closely-Held Businesses (CL4CHBT)

Bismarck Ramkota - 6/21/2010
4 CPE Hours
$135 Member ($165 Nonmember)
Add $25 after 6/7/2010

Instructor: Wendy Kravit

Walk away with practical tax strategies and challenges facing your closely held business clients. Employ business strategies that will minimize the tax burden not only on the business but also on the owners as well. The tips and strategies are uniquely laid out in the course to allow you to easily and quickly identify and hone in on those tax savings strategies that fit your client's situation.

Upon completion of this course, participants will be able to:

  • Recognize developing tax issues that are impacted by the business operations
  • Explore strategies relating to depreciation, benefits, choice of entity, basis considerations, financing alternatives, compensation, accounting methods
  • Implement strategies to reduce the taxes paid by the business
  • Recognize and plan for the impact of the business taxes upon the owners of the business

Highlights:

  • Interrelationship of taxes paid by closely held businesses and those paid by their owners
  • Recent developments impacting the taxes paid by closely held businesses and business owners
  • The form of the business strategy for tax minimization

Designed For: Accountants in industry who advise on various tax issues affecting business entities and CPA firm tax staff
Level: Intermediate
Developer: AICPA
Prerequisite: Basic knowledge of business taxation