Tax Reform and Choice of Business Entity
The Tax Cuts and Jobs Act (“TCJA”) generates significant changes, opportunities and costs for all businesses. With these changes comes the need to stop and evaluate which kind of entity (i.e., partnership, S corporation, C corporation) is right for your business.
Is a pass-through entity still the right choice? Should your company convert to a C corporation? What about combining related business activities that are currently operating in separate entities – or separating activities that are currently operating within one entity? Does the double tax on C corporation distributions still matter?
This webinar will summarize many of the new law tax provisions discussed in previous webinars with a focus toward how these and other provisions may influence your choice of business entity.
There is no simple questionnaire or obvious answer when evaluating the entity form to operate your business. The choice of entity is an important conversation to hold with your tax advisor.
Participants will be able to:
- Gain a basic understanding of the new tax law provisions that influence your choice of entity
- Identify the key issues for your business in choosing a form of entity
- Talk about other provisions of the TCJA that impact you and your business
- Barry Weins, CPA | Director, Tax Services | Cherry Bekaert LLP
- Michael Elliot, CPA | Director, Tax Services | Cherry Bekaert LLP
- Sarah McGregor, CPA | Director, Tax Services | Cherry Bekaert LLP
Prerequisites | None
Advanced Preparation | None
Recommended Hours of CPE | 1 Hour*
Delivery Method | Webinar
Program Level | Basic
CPE Category | Taxes
*Cherry Bekaert is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website. | www.learningmarket.org
Cherry Bekaert Continuing Professional Education: Statement of Administrative Policies
Complaint Resolution Policy
Cherry Bekaert will make every effort to provide the best training courses possible. In the event participants are not completely satisfied with the training course and wish to file a complaint, please contact Karen McManus at firstname.lastname@example.org or 804.673.5748 within 10 business days of the event. Information about the course such as date, location, instructor and nature of complaint must be provided. Complaints may also be made in writing to Cherry Bekaert LLP, 200 South 10th Street, Suite 900, Richmond, VA 23219, ATTN: Karen McManus
Record Retention Policy
Cherry Bekaert will retain all Continuing Professional Education (CPE) documents for five years from training course date. These records will include:
- Course outline
- Course content and handouts
- Sign in sheets
- Dates and locations of training courses
- Instructor credentials
- Course evaluations
- CPE certificates stating amount of recommended CPE credit
Refund and Cancellation Policy
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Participants who must cancel their course registration 10 or more business days in advance of the event must contact Karen McManus to receive a full refund of all fees paid. Participants who must cancel their registration within 10 business days of the event, will not receive a refund.