THE 2025 PASS INCLUDES THIS COURSE.
Do NOT purchase this course separately if you buy a 2025 PASS.
The tax law provides many different options for how a business entity may be treated for federal tax purposes. This course reviews all the different possibilities, including how to make any required elections and the tax consequences of making those elections. Resolving common problems such as late entity elections and undoing entity elections will also be discussed.
Learning Objectives:
Summarize the entity classification options available for spousal businesses.
Describe how a corporation makes a timely or late S corporation election.
Explain the default classification and election opportunities for domestic eligible entities, such as a limited liability company.
Explain the default classification and election opportunities for foreign eligible entities.
Education Information:
IRS Program Number: NMVBP-T-00307-25-O
Credit Hours: 2 CPE (NASBA); 2 CE (IRS)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based (NASBA); Online Webinar (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about this instructor.
Refund Policy: Refunds processed prior to noon ET the day before the live event are subject to a $25 processing fee. No refunds will be given for live webinars after noon ET the day before the event, but if you are unable to attend the live webinar for any reason you will be given access to the on demand webinar on the same topic. Click here for more information about our education, refund, and complaint policies.
