Advanced Taxation of LLCs
Business lawyers advising clients as to what tax classification the entity should elect often comes without much consideration or knowledge of the resulting tax consequences from the various tax classifications. This two-part course will consider the tax consequences upon formation, transfers of property to the business, distributions of property to the members, financing transactions, awarding equity interests to members, executing a buy/sell agreement upon death or retirement of a partner, issuing stock options to employees, selling a business, and liquidation of a business. These events throughout the life of the business will be compared as if the company were taxed as a partnership v. S-corporation v. C-corporation, so that you are better equipped to spot tax issues and advise your business clients.
Presenter: Whitney Sorrell, JD, CPA, MBA
CLE: 2.0 general credit
Approved States: AR, CA, CO, GA, IL, MO, NJ, NV, NY, OK, PA, TN, UT, VT
(AK, AZ, CT, NH, TX eligible to claim credit)
We will supply you with the information needed to self-apply in other states.
Contact shopcle@wealthcounsel.com for CLE assistance.
WealthCounsel members: This CLE eligible program is complimentary for WealthCounsel members. Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.
