Choosing the proper business entity is crucial to the success of a new business, and more and more small businesses are choosing entity options such as LLCs and LLPs. Unfortunately, many businesses are unprepared for the tax consequences associated with these entities. Purchase this seminar and get the information you need to make informed decisions regarding forming, operating and terminating entities, as well as transferring their interests. Learn how to effectively advise your clients regarding the benefits and drawbacks of the various entities from an operational, tax and liability perspective. Find out how to apply the income tax rules to partners and partnerships in a wide range of transactions – from formation to termination. Don’t pass up this timely opportunity to learn new strategies for effectively dealing with different business entity issues.

Benefits for You
• Get an overview of the types of business entities – and how to choose what’s best for you
• Need-to-know strategies for handling tricky management issues
• Meet the challenges ahead – be prepared for formation and transaction costs
• Discover how to navigate the ethical minefield of multi-owner entities
• Hear the latest on the tax treatment of partnership options including the self-employment tax rules

*This course qualifies as a Transitional course and can be taken by both Experienced and Newly Admitted attorneys in NY.