Why Choice of Entity Is the Most Important Tax Decision Your Clients Make, and How to Get It Right

Why Attend?

• Learn about the current lure of C corporations with generally lower tax rates and the potential for 100% gain exclusion on stock sales.
• Examine in depth the formidable advantages and flexibility of tax partnerships.
• Understand why, despite their prevalence, S corporations are generally the worst entity choice.
• Review innovative techniques (i) to mitigate a bad entity choice; (ii) to acquire a business or investment portfolio, retain the seller’s EIN (if desired), and avoid the seller’s bad entity choice; and (iii) to maximize the tax advantages of multiple classes of interests in tax partnerships.

Your clients must or should choose a form of entity whenever they (i) organize a business; (ii) acquire a business; (iii) receive a transfer of a business or of investment assets; or (iv) engage in a merger, consolidation, or conversion. The choice of entity is the most important tax decision that your clients will make. If they make the wrong choice, the consequences could be devastating.

The choice of entity calculus has changed since the 2017 Tax Act, is hardwired to change again after 2025, and may change even before 2026. This seminar will examine all viable entity choices; assist business, real estate, and tax attorneys in asking the right questions; and help you arrive at the best recommendation.

Registration Deadlines:

Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE^®.

Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.

Dietary Restrictions: If you have dietary restrictions and are attending the seminar in person, please email deanna.mcglothlin@vacle.org.

Inclement Weather Policy and Updates.

MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.

Can’t Attend?

E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program’s seminar materials are made available for sale.