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Small business and Advanced Tax Planning
Tax
Bundle

Small business and Advanced Tax Planning

Gain core skills to serve your small business clients.

$1,085$663 - $922.25
15% bundle discount applied
Do you have an AICPA membership? Log in to apply your member discount.

Products included

3

Format

Multiple

CPE Credits

26.5

Product Number

BUSTAX21

 Business & partner 
Bundle Details

With this bundle you'll gain knowledge around relevant topics such as entity and business owner planning considerations, cash flow and estate planning techniques, and recent tax provisions most beneficial in the current environment.

It also discusses applicable legislation, government programs, IRS guidance, including credits, deductions, and limitations to support small business clients during this time.

What’s included in this bundle
Online
NASBA Field of Study: Taxes
$235
$140.25 - $199.75
15% bundle discount applied
Read
Product Details

Save when you buy the complete Tax Staff Essentials, Level 3 online bundle.

Help S corporation clients with tax planning

Understand the intricacies of the S corporation form of doing business and consider the tax effect that various types of S corporation distributions will have on the corporation’s shareholders.

Learn about planning and reporting successful complex S corporation transactions, updated for the latest tax legislation. Explore the uses of qualified subchapter S subsidiaries to help you minimize your client's tax bill with winning strategies related to this type of entity.

This course provides CPE in the Taxation field of study.

Who Will Benefit

  • Managers and partners in public accounting firms
  • CPA sole proprietors specializing in taxation of S corporations
  • Tax planning professionals

Key Topics

  • Basis in S corporation stock
  • Distributions
  • Compensation planning
  • Qualified subchapter S subsidiaries
  • Liquidations, reorganizations, and redemptions
  • Estate planning and the use of trusts
  • Section 199A

Learning Outcomes

  • Interpret the rules relating to the adjustment of basis in stock by S corporation shareholders.
  • Calculate gain and loss on the distribution of property and apply the rules for cash distributions.
  • Identify the distribution ordering rules when an S corporation has accumulated earnings and profits (AE&P)
  • Identify the rules concerning fringe benefits received by S corporation shareholder-employees.
  • Apply the rules relating to qualified subchapter S subsidiaries (QSubs).
  • Apply the corporate reorganization rules to S corporations and identify the rules relating to the liquidation of an S corporation.
  • Calculate the Section 199A deduction and subdivide activities into SSTBs and non-SSTBs.
  • Determine whether an S corporation is the optimal entity based upon a given set of facts and circumstances.
View product detail in full
CPE SELF-STUDY
Online
NASBA Field of Study: Taxes
$695
$425 - $590.75
15% bundle discount applied
Read
Learning Outcomes
  • Analyze important entity considerations in the current environment.
  • Identify tax planning opportunities based on the selected entity.
  • Analyze reasonable compensation rules for C corporations and S corporations.
  • Apply succession planning techniques.
  • Identify certain tax provisions that may be used to generate quick cash.
  • Calculate the benefit a client could expect to receive from applying R&D credit provisions.
  • Determine recent developments related to PPP loans.
  • Identify the key components of the CARES Act.
Key Topics
  • Paycheck Protection Program
  • Selected Tax Provisions of the CARES Act
  • R&D Credits
  • Evolving Workplace
  • State and Local Considerations
Product Details

Be the expert that small businesses need

Earn a badge when you complete both parts of this program.

This program covers relevant topics such as entity and business owner planning considerations, cash flow and estate planning techniques, and recent tax provisions most beneficial in the current environment.

It also discusses applicable legislation, government programs, IRS guidance, including credits, deductions, and limitations to support small business clients during this time.

This course dives deeply into payroll continuity and the Paycheck Protection Program (PPP), select tax provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and state tax considerations.

The content is designed to assist current CPAs who are working with small- to mid-tier business clients in making themselves invaluable beyond tax and accounting related matters. This will then help them become overall business advisers to their clients in these challenging times.

Through this program, you will gain invaluable knowledge to create a well-rounded understanding of most major client concerns and propel you to become an overall business adviser for your clients.

Along with a general discussion of important topics, this course is littered with signposts that will point you in the direction of further research and ultimately make you even more valuable to both new and existing clients.

View product detail in full
Online
NASBA Field of Study: Taxes
$155
$97.75 - $131.75
15% bundle discount applied
Read
Learning Outcomes
  • Identify important tax considerations for the small business at each stage of its life.
  • Differentiate entity-type options available for small businesses.
  • Calculate the qualified business income deduction under Section 199A.
  • Identify the pros and cons of choosing an entity type after passage of the Tax Cuts and Jobs Act.
  • Choose the correct tax treatment for fringe benefits granted to partners and S corporation shareholders.
  • Choose the most effective strategy for depreciation of business tangible property.
  • Compare IRS concerns regarding reasonable compensation for an S corporation owner versus a C corporation owner.
  • Apply tax knowledge to help create an efficient and effective estate plan for a client.
  • Select a tax accounting method that is appropriate for a particular business.
  • Recognize tax issues involved in the exit of a shareholder from a corporation.
  • Select among ways to dispose of or liquidate a business in a tax-efficient manner.
Key Topics
  • Starting a business — the tax life of a business
  • Selecting a business entity type
  • The Tax Cuts and Jobs Act
  • Section 199A and the qualified business income deduction
  • Accounting methods
  • Compensation of owners — hiring family members
  • Reasonable compensation
  • Depreciation, Section 179, and bonus depreciation
  • Transactions with owners
  • Buy-sell and noncompete agreements
  • Exiting the business — special exit techniques
Product Details

Save when you buy the complete Tax Staff Essentials, Level 4 online bundle.

Clients want help with present and future business services. Which tax planning strategies will you provide for your corporate and small business clients? This course explores state-of-the-art planning ideas and tax-saving strategies to keep more of your clients’ money in their pockets. Updated for the latest legislation and IRS guidance on tax reform, this course answers the tough questions and show you what strategies are best for your clients.

The entire course is designed around the idea that the needs of the small business owner change as the business moves through the business life cycle. The idea is that even though this is a tax course, taxes are only one consideration of many that must be considered when forming a new entity.

Throughout the course, we will discuss different entity types. “What do you need to do to form a sole proprietorship, partnerships, or other type of entity?” You will think about the nuances of each entity structure as we address this question.

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Cancellation Policy
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Small business and Advanced Tax Planning
0
Nonmember Price
$1,085.00
Bundle Discount
$162.75
Price excluding sales tax
$922.25
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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