Training Course
Syllabus:
LLCs, LLPs and Partnerships: Organization and Operation
BENEFITS:
Steer clear of the common pitfalls that plague business entities.
Choosing the proper form of business entity is crucial to the success of a new
business, and more and more small businesses are choosing entity options such as
LLCs and LLPs. Unfortunately, many businesses are unprepared for the legal and
tax consequences associated with these entities. Attend this seminar and get the
information you need to make informed decisions regarding forming, operating and
terminating noncorporate business entities.
Learn how to effectively advise your clients regarding the benefits and
drawbacks of the various entities from an operational, tax and liability
perspective. Find out how to apply the income tax rules to partners and
partnerships in a wide range of transactions from formation to termination.
Dont pass up this timely opportunity to learn new strategies for effectively
dealing with different business entity issues.
Benefits for You
Get an overview of the types of business entities and how to choose whats
best for your client
Decipher formation and organization documents for LLCs and LLPs
Find out what you need to know about entity conversions and cross-species
mergers
Stay abreast of ethical considerations, including Circular 230 and reportable
transactions
Hear key considerations and tax issues that matter to business owners,
including partnership taxation and cancellation of debt rules
AGENDA:
8:00 am 8:30 am Registration
8:30 am 8:40 am Opening Remarks
Joshua L. Christie
8:40 am 9:40 am Overview of Entity Types
Scott Snively
Sole Proprietorship
General Partnership
Limited Partnership
Limited Liability Partnership
C Corporation
S Corporation
Limited Liability Company
Fiduciary Duties
Management Models
9:40 am 10:20 am Overview of Significant Tax Issues
Joshua K. Malarsky, CPA, and Douglas N. Rubenstein, CPA
Entity-Level Tax
Determination of Owner Tax Basis
10:20 am 10:30 am Break
10:30 am 12:00 pm Overview of Significant Tax Issues (Continued)
Joshua K. Malarsky, CPA, and Douglas N. Rubenstein, CPA
Allocation of Income
Allocation of Liabilities
At-Risk Basis
Cancellation of Debt
12:00 pm 1:00 pm Lunch (On Your Own)
1:00 pm 1:30 pm LLC Formation and Organization Considerations
Joshua L. Christie
Buy-Sell Agreements
Securities Considerations
1:30 pm 2:20 pm Exit Issues and End-of-Business Considerations
Joshua L. Christie
Sale of Ownership
Dissolution
Acquisitions, Mergers and Cross-Species Mergers
Conversion
2:20 pm 2:30 pm Break
2:30 pm 3:15 pm Panel Discussion: Significant Issues in Entity Formation
Joshua L. Christie, Joshua K. Malarsky, CPA, Douglas N. Rubenstein, CPA, and
Scott Snively
Management Considerations
Exceptions to Limited Liability
Taxation of Carried Interests
Choice of Forum and Interstate Operations
3:15 pm 4:30 pm Ethical Considerations
Joshua L. Christie, Joshua K. Malarsky, CPA, Douglas N. Rubenstein, CPA, and
Scott Snively
General Considerations
Conflicts and Multiple Party Representations
Circular 230 and Reportable Transactions
WHO SHOULD ATTEND:
This seminar is primarily designed for attorneys and accountants. Presidents,
vice presidents, CFOs, controllers, business owners and managers, tax managers,
paralegals, enrolled agents and loan officers may also benefit from attending.
CREDITS:
CFP 8.0 ,Enrolled Agents 8.0 ,CPE 8.0 including Specialized Knowledge and
Applications 8 ,IN CLE 6.5 including Ethics 1.3; Newly Admitted Attorneys 6.5
SEMINAR TIME:
Seminar check-in: 7:30 AM Seminar Program: 8:00 AM - 4:30
PM |