Small Business Tax Planning#495324

Course Description

Course publication/revision date: This course was updated on 4/18/2024 (covers 2024 tax year).

Americans who want to be their own boss are not entirely on their own. They have a rich uncle – Uncle Sam – who is there to help, as well as to make demands. The nation’s tax laws are intended to encourage people to start new businesses and are chock full of incentives and tax breaks, as well as sometimes onerous reporting requirements.

This course is a fast-paced and entertaining guide through tax issues affecting business entities and their owners. The focus of this class is on tax devices and techniques available to the small-business owner. Emphasis will be given to operational deductions, fringe benefits, compensation, family income splitting, retirement plans, and estate planning.