Advanced Tax Issues in Entity Selection

Choosing the Entity to Meet the Client's Business Strategies and Capital and Compensation Structures

Recording of a 90-minute CLE/CPE webinar with Q&A


Conducted on Tuesday, December 14, 2010

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will provide tax counsel with an advanced analysis of legal and financial aspects of business entity structuring, including tax issues related to capital structure and compensation. Our panel will also discuss the impact of new and proposed legislation on tax rates and entity selection.

Description

The decision whether to use a corporation, LLC, or partnership when organizing a business entity usually focuses on how the entity and its owners will be taxed and the extent to which the entity will shield its owners from liability arising out of its activities.

Structuring a business is very complicated and many issues must be taken into consideration at the front end, including the type and location of the business, its capital structure and financing plan, and its exit strategy.

Are you prepared to handle the advanced questions and issues your clients may have regarding entity selection? This advanced level program goes beyond the basics of entity formation and operation and digs deeper into some of the more complex scenarios regarding entity ownership and management.

Listen as our authoritative panel of tax practitioners discusses how choosing the right business entity at the outset can help your clients avoid time-consuming and costly changes in the future. Get the information you need to advise clients on this important issue.

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Outline

  1. Overview of entity choices
    1. In general
    2. Formation
    3. Operations
    4. Distributions
    5. Liquidations
    6. Check the box
  2. Business plan
    1. Type of business
    2. Location of business
    3. Supply chain
    4. Capital structure and financing plans
    5. Exit strategy
  3. Compensation and withholding issues
    1. Ability to attract key employees through equity interests
    2. Self-employment tax issues
    3. Impact of new and proposed legislation on tax rates

Benefits

The panel will review these and other key questions:

  • How difficult is it for individual members to exit the entity and what are the procedures involved?
  • What are benefits of using “check the box?”
  • What impact does new healthcare and proposed carried interest legislation have on corporate entities?
  • How do you sort out the deductible from the capitalizable transaction related costs?
  • How can you plan for and minimize self-employment taxes?

Faculty

Robert M. Finkel
Robert M. Finkel

Member
Morse, Barnes-Brown & Pendleton

He has more than 25 years experience as a tax and business lawyer, with his practice focused on the areas of individual...  |  Read More

Ronald P. Wargo, II
Ronald P. Wargo, II

Partner
Friedemann Goldberg

He practices in the areas of estate planning, business law, and intellectual property. He is certified as a specialist...  |  Read More

Diana C. Espanola
Diana C. Espanola

Attorney
Morse Barnes-Brown & Pendleton

She concentrates her practice in the areas of tax and business law. She advises individuals, businesses and non-profit...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Audio

$297

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$297