Performing Tax Planning for S-Corps and Partnerships (SPTP)

Customer Rating
Field of Study
Taxes
Level
Intermediate
Credits
4
Qualifies For
IRS CPE



Price:  $ 39.99

Most of our clients are pass-through entities for which many of the general business strategies are subject to additional limitations. To provide the tax planning strategies for closely held business clients that will bring more revenue, this course focuses on the special concerns and techniques the practitioner needs to thrive in this market.

Additional information

year

2023

version

01

Credits

4

Company Code

Self Study

Format

On Demand

Yellow Book Approved

0

CFP Approved

0

IRS Approved

1

CTEC Approved

0

Field of Study Credits

Taxes (4)

Field of Study Department

Taxes

Course Version

2023-01

CPE Approved

1

Pre-requistes:

Experience with business clients

Knowledge Level:

Intermediate

Major Topics:

  • Related party transactions: making them work
  • New tax basis capital account reporting requirements
  • Income splitting and shifting with family
  • Recent COVID-19 legislation, including the FFCRA, CARES Act, CAA 2021, and ARPA, with an emphasis on provisions relevant to pass-through entities

Learning Objectives:

  • Identify the advantages of, and the tax issues involved with, employing one’s spouse; and

  • Discuss the tax issues and strategies that may be applicable to the client in employing one’s child to shift income and to avoid kiddie tax issues through earned income.

     

Designed For:

All tax practitioners, both those working in public accounting as well as those in private industry, who are responsible for tax planning for their clients and/or companies