The new Tax Cuts and Jobs Act directly impacts how C corporations and pass-through entities will be taxed, thereby causing some businesses to reconsider their current entity structure. This course will discuss the factors involved in choosing a form of business entity under these new rules. It will provide a solid understanding of the tax implications of choice of entity, the advantages and disadvantages of changing entities, and the factors to consider before making that decision. PLEASE NOTE: Not accepted for Enrolled Agents. All course material provided. Prerequisites: Understanding of taxation of pass-through entities. Course level: Intermediate.
PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.