Innovative Tax Planning for Small Businesses: [TPOC Fbx]

Full Description

Innovative Tax Planning for Small Businesses: Corporations, Partnerships & LLCs

November 6, 2012

Location:
Fairbanks, Alaska

$295 Member Fee
$445 Non Member Fee
$30 Discount for AICPA Members

Will you be the bearer of good or bad tidings for your clients? This fast-paced,
information-packed course shows you how to keep more profits in the pockets
of your corporate and small business clients and their owners! It showcases
state-of-the-art planning ideas and tax-saving devices employed by the savviest
practitioners. Top-notch AICPA presenters read between the lines of new
developments to wring every last drop of tax benefits that make you a hero to
your clients.

Objectives
Upon completion of this course, participants will be able to:
Solve the unique tax problems affecting small businesses
Identify savings opportunities and pinpoint tax traps
Substantially cut your small business clients tax bills

Highlights
Lots of business tax changes in recent legislation
C corporation moves to avoid potentially higher individual tax rates
Managing Section 1231 losses and gains for optimal tax results
Perfect storm for loans from corporations to shareholders
Choice of entity options for small businesses
Update on passive loss rules for LLC members
Minimizing SE tax for LLC members
Husband-wife businesses: tax-saving strategies especially for them
New 100% gain exclusion for qualified small business corporation stock
When to switch from C Corporation to S Corporation status (or not)
Fringe benefit planning for partners and S corporation shareholder-employees
Small business retirement plan opportunities
Update on reasonable compensation for C and S corporation shareholder-employees
Advantages of including debt in corporate capital structures
Converting corporation into LLC or LLP: tax implications
Claiming the new credit for employee health insurance costs
Ownership exit strategies including family corporations and divorce situations
Who Will Benefit
CPAs looking for innovative tax planning and savings techniques to solve
client problems
Level: Intermediate
Credits: 8 (Accepted for CMA, CFM and EA continuing education credit)
Field of Study: 8-Taxes
Prerequisite: Basic knowledge of corporate income taxation
Acronym: TPOC
Discussion Leader: Michael Frost MDA Professional Group, P.C. / Albertville, AL

Mike Frost, CPA is an associate and shareholder of MDA Professional Group, P.C. and has been with the Albertville office since 1989. Currently a tax partner, Mike specializes in all areas of income tax and small business consulting including but not limited to:
Business and individual income tax preparation and planning, estate and retirement planning, estate, gift, and trust tax preparation, small business consulting, Medicare planning and other elder care, audit representation, religious groups and clergy.
Mike has conducted CPE engagements and seminars for the Alabama Society of Enrolled Agents and the Childcare Resource Network and is an instructor for the Alabama Society of Certified Public Accountants. Mike has served as technical advisor for tax articles for the Sand Mountain Reporter newspaper, and has been a regular on the public speaking circuit.
Mike graduated with "high honors and distinction" from Jacksonville State University with a major in accounting and a minor in finance and a 4.0 GPA. He is a member of the American Institute of Certified Public Accountants, the Alabama Society of Certified Public Accountants, and the Accountants Global Network, International. In addition, he is a graduate of the Tax Planning and Advising for Closely Held Businesses Certificate of Educational Achievement Program sponsored by the AICPA.

Print Page back to list