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Tuesday, October 17, 2017 Live

The Top 50 Business Tax Mistakes Practitioners Make and How To Fix Them (E1710071)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in TX

OVERVIEW

Learn the traps taxpayers fall into – before you make the mistake. This seminar focuses on the law while exploring some of the top errors made in compliance and tax planning for business entities. Avoid these missteps, plan for a better tax result, and benefit from a wealth of knowledge that can be applied to practice.

DESIGNED FOR

CPAs who wish to get a broader insight into tax planning by understanding the significant mistakes professionals can make and how to avoid them.

BENEFITS

  • Discuss business transactions that have significant tax effects and the need to do proper tax planning
  • Describe the most substantial mistakes that practitioners can make in dealing with the tax aspects of businesses

HIGHLIGHTS

  • Current practice issues regarding basis, and a new look at debt vs. equity
  • Amending prior returns to correct an impermissible accounting method
  • S Corporations: inadvertent terminations and errors in basis, structuring debt, distributions and liquidation
  • LLCs and partnerships: mistakes in allocation of debt, fringe benefits, unreimbursed expenses; oversight in not taking into account limitations at the entity level; and pension issues
  • Corporations: keeping a stock redemption a capital transaction; and why small business owners should consider taking dividends
  • Travel and entertainment: tricks and traps
  • Related party transactions: business issues and the significant tax problems that can occur with failure to recognize a related party transaction
  • Is there a flexible standard of law for small closely held businesses?

COURSE LEVEL

Intermediate

PREREQUISITES

Experience with business clients.

ADVANCE PREPARATION

None

INSTRUCTOR

Brian Greenstein

Brian R. Greenstein, Ph.D.

Surgent Professional Education

Brian R. Greenstein, Ph.D., is an accounting professor at the Lerner College of Business and Economics at the University of Delaware. Previously he served as the Director of Graduate Tax Programs and Chair of the Department of Accounting and Taxation at Seton Hall University. Dr. Greenstein started his career with an international CPA firm and currently maintains an active consulting practice. Dr. Greenstein has presented hundreds of live seminars on various tax and financial planning topics for State CPA societies, private accounting firms, and the Internal Revenue Service. In 2015 and 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. He has also written numerous articles appearing in national publications such as the Journal of Taxation, The Tax Advisor, the CPA Journal, the Journal of Corporate Taxation, Taxes -- The Tax Magazine, Taxation for Lawyers, and the Review of Taxation of Individuals. His research has been quoted by the Supreme Court of the United States in Indopco v. Commissioner, and he actively contributes to the regulatory standard-setting process.

PRICING

$399.00 - Nonmember

$299.00 - Member

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Surgent