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Almost Here – Free Webinar: Avoid These Four Costly Tax Planning Mistakes

This coming Thursday, on May 16th at Noon CDT, please join Tax Forum for a complimentary Webinar:

Avoiding Costly Mistakes: Four Essential Tax Concepts for the Business Attorney or CPA

Even smaller matters might have big traps and significant tax implications – leading to unexpected tax liabilities for your clients and potential malpractice claims for the professionals.

During this one-hour webinar, the Tax Forum team of Chuck Levun, Michael Cohen and Scott Miller will provide a top-level look at …

Converting an existing S corporation to an LLC on a tax-free basis to obtain “charging order” protection
Simple business structuring to circumvent the $10k deduction limitation for the portion of state and local income taxes attributable to partnership/LLC and S corporation income
How not to cause your client to be one of the estimated 500k+ LLCs that incorrectly thought it was going to be taxed as an S corporation but, because of certain language contained in its operating agreement, is not an S corporation
Personal goodwill and the C corporation business sale – identifying situations in which double tax can be avoided

Any one of these could make the difference between you being a hero or creating a significant problem for your clients.

Written by Michael Cohen | Posted in Free Tax Webinar • Partnerships • Pass-Through • Pass-Through Entities • Tax Forum

Avoiding Costly Mistakes: Four Essential Tax Concepts For The Non-Tax Business Attorney Or CPA

Even smaller transactions might have big traps and significant tax implications – leading to unexpected tax liabilities for your clients and potential malpractice claims for you.
This webinar covers four essential flow-through tax concepts you need to know to avoid common ‘foot-faults’ or worse and to continue to be the “go to person” for your clients.During this one-hour webinar, the Tax Forum team of Chuck Levun, Michael Cohen and Scott Miller will provide a top-level look at …

Converting an existing S corporation to an LLC on a tax-free basis to obtain “charging order” protection
Simple business structuring to circumvent the $10k deduction limitation for the portion of state and local income taxes attributable to business income
How not to cause your client to be one of the estimated 500k+ LLCs that incorrectly thought it was going to be taxed as an S corporation but, because of certain language contained in its operating agreement, is not an S corporation
Personal goodwill and the C corporation business sale – identifying situations in which double tax can be avoided

Any one of these could make the difference between you being a hero or creating a significant problem for your clients.

Written by Charles Levun | Posted in Tax Forum