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Restructuring Business Entities - Webinar (ONLINE EVENT: December 13, 2024)

  • Webinar

  • 90 Minutes
  • 13 December 2024 13:00 EST
  • Lorman Business Center, Inc.
  • ID: 6020597

Learn strategies to optimize tax structures, enhance efficiency, and boost client operations

This presentation aims to equip tax practitioners and advisors with the knowledge to optimize their clients’ existing operations through more efficient and economical tax structures. Attendees will learn to assess the best strategies for restructuring business operations to enhance both tax and operational efficiency.

The course will also cover methods to evaluate the most efficient tax structures based on a client’s historical performance and ownership and determine whether restructuring or changing business entities would be beneficial. Alongside the theoretical tax implications of such changes, the presentation will include practical examples and models that have been successfully implemented for our firm’s clients.

Learning Objectives

  • You will be able to define the tax consequences of various types of sales in varying entity structures.
  • You will be able to describe the process for analyzing whether it makes sense for an existing entity to convert tax structures, or to consolidate entities via internal restructurings.
  • You will be able to identify the common issues associated with internal restructurings and entity conversions.
  • You will be able to to review a comparison model of the tax consequences of converting from a partnership to a C corporation, both from an operational cash-flow perspective as well as from a prospective sale down the line.

Agenda

 Converting From a Partnership to a C Corp

  • Tax Consequences of the Conversion
    • To Shareholders and Entity Level
  • Potential Planning Opportunities Around Conversion
    • Section 1202 Qualified Small Business Stock
    • Selling Assets vs. Stock
  • Modeling of Tax Consequences and Examples
  • Tax Compliance Issues

Internal Restructuring

  • Addressing Basis and Tax Attribute Issues
  • Debt vs. Equity Issues
  • Solvency Issues
  • Tax Compliance Issues

Restructuring S Corporations

  • F Reorganizations
    • Tax Treatment to the Parties
  • Tax Compliance Issues
  • Unwanted Assets

Who Should Attend

This webinar is designed for accountants, CPAs, CEOs, presidents, vice presidents, CFOs, controllers, tax preparers, business owners and managers, bookkeepers, enrolled agents, and attorneys.