The Life Cycle of a Business Entity: What You Need to Know to Advise Your Clients in Business Matters
This not-to-be missed stand-alone program will navigate the entire life cycle of a business entity. From formation and choice of entity, to operations and governance, to generational transfer or sale, the panels will discuss the legal, tax, and practical considerations of advising businesses and their owners. Presenters will drill down into special topics like entity-ownership by trusts, structuring compensation, specific industry concerns, and more. The panels will use a hypothetical family business to guide attendees through every stage of the business. Sample forms and checklists will be provided to assist practitioners.
Session 1: Getting Started; Choice of Entity; Formation of Entity
Getting Started
Addressing new and existing enterprises The initial client meeting
Choice of Entity: Begin by Looking at the Big Picture
Analysis of choice of entity at verious stages Pros and cons to consider for each type of entity
Choice of Entity: Add New Tax Laws to the Mix (In-depth Coverage)
IRC Section 199A deduction New rates and other changes Planning strategies and case studies illustrating choice of entity
Speakers: Steven B. Gorin, St. Louis, MO (Moderator) T. James Lee, Phoenix, AZ Hollis F. Russell, Great Neck, NY
Recorded June 20, 2018 in Chicago, IL
