Taxation of Business Entities After the TCJA

If Your Clients Have LLCs, FLPs, C Corps, or S Corps,
Are You Giving Them the Right Advice?)

How to Properly Advise Your Business Owner Clients in 2025 and Beyond

The potential change in the corporate tax rate from 21% to 15% requires a refresher on entity taxation. Further, the Section 199A 20% small business deduction and the corporate income tax rate cut to 21% were the largest opportunities in the Tax Cuts and Jobs Act. A 2025 change to an even lower rate will cause your clients to question entity selection.

As a professional advisor, you must understand the effect of these significant changes and their impact to your clients. This is why we have turned to nationally renowned CPA and tax expert, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished) to put together this very timely presentation entitled “Taxation of Business Entities After the TCJA”.

In this 93-minute presentation, they will cover the following:

• The impact of a lower rate on decision making
• The unique tax treatment of partnership, S-Corp, and other pass-through income
• The differences in how these entities are taxed annually and at distributions
• How 199A should change your thinking
• What the benefit is of converting a C-Corp, partnership, or disregarded entity to an S-Corp (and how to explain it)
• The new math of double taxation following reform
• Time value of money and the corporate tax rate
• An alphabet soup of other special issues that can arise, including:
  • PHC (personal holding company) tax
  • E&P (earnings and profits) and the BIG (“Built-In Gains”) tax
  • AAA (accumulated adjustments account)
  • OAA (other adjustments account)
• The 21% corporate tax rate along with the accumulated earnings tax and personal holding company tax
• The powerful opportunity under Section 1202
• How these entities work differently when capital is contributed, distributions are made, and ownership interests are sold or redeemed
• The economic/financial benefit of changing a C-Corp to an S-Corp and how to describe it to clients and other advisors
• How to identify tax issues relating to the ownership of S-Corp shares and how to solve them including, Qualified Subchapter S Subsidiary (QSSS), Qualified Subchapter S Trust (QSST), and Electing Small Business Trust (ESBT) strategies
• Other special issues including Accumulated Adjustments Account (AAA), Other Adjustments Account (OAA), Earnings and Profits (E&P), Built-In Gains tax (BIG tax)
• Understanding the true benefit of the 20% deduction under Section 199A
• And much more!

Your purchase includes an instantly downloadable video and audio recording and PDF handout materials.  A PDF transcript is available as an add-on for an additional fee.