Event Details
Taxation, Deductions & Compliance for LLC’s
Topics to be covered:
- Reasons to operate your business as an LLC
- Legal standing, alter ego—lost tax benefits, lost asset protection
- LLC taxation and legal structures (Single member, multi-member, partnership and corporation LLCs)
- Taxation of members (sole owner, partnership, employee, passive, S corp)
- LLCs holding real estate (passive activity v. business)
- S elections for LLCs
- Out-of-state LLCs, California and nexus tax issues
- Tax deductions for LLCs—recordkeeping, reporting, compliance
- LLC owned and personally-owned vehicles— Tax treatment and reporting
- Office in home—tax treatment for LLC businesses
- Operating agreements and tax deductions
- Loans v. capital—IRS problems if not documented
- Reasonable compensation for working owners of LLC S corps
- Where to deduct non-reimbursed expenses
- Reimbursement plans—accountable v. non-accountable
- Distributions of LLC earnings and property
- Tax issues when dissolving LLCs
**Upon completed registration, you will receive a confirmation email in which the link to join the Zoom session(s) will be located. Please be sure to scroll down to find the link**
Our Instructor: Randy Roth, EA, MSFS
“Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.”
Date/Time
August 18, 2022
9:30 am - 11:30 am