BTPS
MAKE MONEY FOR YOU AND YOUR CLIENTS:
SURGENT McCOY’S TOP BUSINESS TAX PLANNING STRATEGIES
Have you ever left a CPE seminar wishing you had learned something that would really help your bottom line? This course is designed to provide innovative, real-world ideas that will increase revenue for you, your firm or company, and your clients. Find out the answers to tough questions regarding tax planning and strategies for the closely held business, and learn how to apply key techniques to make more money.
Major Topics
- New strategies in light of tax reform
- What type of business entity should you consider? Are LLCs out
of favor, and are S and C corporations hot new vehicles?
- Compensation planning – with President Obama's proposal
to increase Social Security taxes on our clients, what can we
do now to lessen the burden?
- Pension plans – are they now more valuable, and what are
the best options? Are 401(k) plans not as good, and could defined
benefit plans make a comeback?
- Should employees fund regular 401(k)s or traditional IRAs? Are
Roth 401(k)s and Roth IRAs better or worse in 2010?
- Fringe benefit plans – do they play a larger role in getting
to a lower taxable income, and what choices should you consider?
- Basis planning: at-risk and passive considerations
- C corporations: are they qualified personal service corporations?
- Fringe benefit inventory: a checklist for clients; when does the $75 rule apply?
- End-of-year W-2 adjustment worksheets: HI, auto, group-term life, cell phone
- Deferred compensation
- Legal checklist: buy-sell agreements, life insurance, and more
- Family involvement: not enough?
- Medical benefits: long-term care, HSAs, cafeteria plans, COBRA compliance, disability - what to do following healthcare reform
- Travel and entertainment
- Maximizing depreciation deductions
- Related party transactions: making them work
- Maximizing retirement benefits
- Methods of accounting: when do you use accrual instead of cash?
Learning Objectives
- Understand what strategies and techniques are most appropriate for businesses in dealing with employee-related issues
- Understand how to structure buy-sell agreements
- Understand how to incorporate family members into a business and avoid problems a business can experience in dealing with related parties
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.
Level of Knowledge: Intermediate
Prerequisites: Experience with business clients |
