Taxation of Business Entities
EVENT DATE:
Sep 29,2021
PRESENTER(s): Allison M. McLeod CPA
12:00 PM ET | 11:00 AM CT | 9:00 AM PT |
120 Minutes
This program has been approved IRS CPE Credit 2(Taxes)
With so much ambiguity in the area of business entity taxation when advising business clients, this business entity tax update course is a must-attend event! Business Entity Tax Update course will focus on providing practical advice for tax practitioners serving small business clients. Also focuses on the relevant provisions of Subchapter C of the Internal Revenue Code, as well as related Treasury Regulations and judicial opinions, governing corporate formation, operations, distributions, and liquidation. Practical in-class study problems facilitate self-discovery of technical tax knowledge along with the development of a variety of professional skills and attitudes.
Session Highlights:
- The recently passed COVID-19 relief package, the American Rescue Plan Act (ARPA)
- Refundable payroll tax credits for required paid family and sick leave in the Families First Coronavirus Response Act (FFCRA)
- Key business and individual tax developments of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
- Proposed regulations clarifying deductibility of meal and entertainment expense
- Net operating and excess business losses in the wake of the CARES Act
- Qualified improvement property
- Tax planning strategies for individuals and businesses
- Tax developments affecting business entities including C corporations, S corporations, Partnerships, and LLCs
Learning Objectives:
- Be able to differentiate between the different types of business entities
- Be able to determine if a business client is using the most tax efficient entity structure based on its business goals.
Credits and Other information:
- Session Duration: 2 Hours
- Case Studies and Live Q&A session with speaker
- PowerPoint presentation for reference
- Session learning level: Introductory
- Delivery method: Group Internet Based
- IRS Credits: 2Tax Hours
- IRS Course ID: PJGWS
Who Will Benefit:
- CPA's
- Tax Attorneys
- Accountants
- Tax Compliance Managers
- Other Tax Professionals
Speaker Profile:
Allison M. (Yee) McLeod, LL.M., JD, CPA, is currently a Senior Lecturer at the University of North Texas in Denton, Texas. She received Bachelor of Business Administration and Juris Doctor degrees from Baylor University, and a Master of Legal Letters (LL.M.) degree specializing in Taxation from the Southern Methodist University School of Law. Professor McLeod has also studied British and Art History at the University of Sussex, England.
Prior to joining the UNT faculty in 2010, Professor McLeod held the position of Director of Tax Planning and IRS Audits for Lehigh Hanson North America, a major manufacturer of cement, aggregates and other building materials. Her practice included both federal and international tax planning. Professor McLeod also spent thirteen years specializing in Tax Planning with the JCPenney Corporation, Inc., and two years with Deloitte & Touche in Dallas.
