An uncertain legislative climate makes business tax flexibility more critical than ever. There are strategic opportunities to apply different tax rules based on a client's situation.
During this 2-day seminar, we will compare LLCs taxed as partnerships with those taxed as S corporations. Depending upon the circumstances, either tax treatment can be beneficial. We will also address Illinois Series LLCs and LLC liability protection. By attending this seminar, you'll be able to advise clients about beneficial LLC tax options.
This very popular LLC seminar was last offered in 2014. The presentation and accompanying textbook, Limited Liability Companies: Electing Partnership vs. S Corporation Status, are updated for 2017.
(Prefer to register by mail or fax? Use our printable registration form.)
Provides up to 16 hours CPE.
Registration Fee: $325 ($355 after June 2)
The fee for this two-day seminar includes a buffet lunch, morning and afternoon snacks, beverages, and the Limited Liability Companies: Electing Partnership vs. S Corporation Status textbook.
Dates and Locations:
Check-In: Begins at 7:30 a.m.
Instruction: Begins at 8:30 a.m. and concludes at 4:30 p.m. We will take a 45 minute lunch break (buffet lunch provided)
NASBA Program Level: Basic
CPE Filings Available: Illinois MCLE, Illinois Insurance, CFP, IRS
Tom O'Saben has been an instructor for the Tax School since 2009. During that time, he has also been a presenter with the National Association of Tax Professionals, where he served as a Training Specialist developing curriculum, writing textbooks, and instructing at educational seminars. Tom's practice, established in 1991, provides tax services for approximately 1,000 clients. Tom earned his bachelor's degree from Southern Illinois University Edwardsville. He is an enrolled agent (EA).
Sue Voth has been affiliated with the University of Illinois Tax School as an instructor since 2002. Sue also presents seminars nationally for National Association of Tax Professionals (NATP) and Premier Tax Seminars, Inc. She has served as an author and reviewer for the University of Illinois Federal Tax Workbook since 2002. Sue is an enrolled agent (EA) and has her own tax practice in Quincy, IL. She has been in tax practice for approximately 30 years.
Learning Objectives: By attending this seminar, you will be able to:
Audience: Tax practitioners.
Materials: Limited Liability Companies: Electing Partnership vs. S Corporation Status, 2017 edition. Table of Contents
Delivery Method: Group-Live
NASBA Program Level: Basic
Field of Study: Taxes (NASBA), Federal Tax (IRS)
Prerequisite(s): Several years' experience preparing entity tax returns and an understanding of basic partnership and S corporation tax rules and regulations.
Advanced Preparation: None
|Tailoring Taxation of LLCs|
|CPE credits||Up to 16 based on attendance|
|Field of Study (NASBA)||Taxes (16)|
|IRS Category||Federal Tax (16)|
|IL MCLE||Taxation (16)|
|IL Insurance||General (16)|
Please see the CPE FAQ for more information.
The University of Illinois Tax School is a sponsor of CPE for a variety of professional designations such as CPAs, EAs, CFPs®, attorneys, and insurance, etc. Agencies that typically recognize the University of Illinois Tax School as a sponsor of continuing education are:
University of Illinois Tax School (formerly Univ. of IL at Urbana-Champaign) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The Tax School has been approved as an IRS Continuing Education Provider. Tax preparers should always look for IRS approved providers when fulfilling their continuing education requirements.
Visit www.irs.gov/taxpros/ce for more information.
Participants are awarded credit based upon actual hours in attendance. Most accrediting groups recognize 1 hour of credit per 50 minutes of instruction. Some CLE groups recognize 1 hour of credit per 60 minutes of instruction.
Certificates of attendance are issued to participants after seminars conclude. In most cases, certificates are emailed after the conclusion of all seminars.
For EAs, Illinois Insurance professionals and CFPs®, the Tax School Office submits participant credit hours directly to the accrediting agencies.
An additional fee is required for processing CPE credits for IL insurance, CFP®, and IL MCLE.
See Frequently Asked Questions about CPE.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
Last updated 4/24/2017 2:33:45 PM