White Paper

15 Pages
  • 15 Pages

IRS Tax Audits and Tax Planning for Pass-Thru Entities - LLCs and S-Corps

 

An LLC’s principal advantage over a general partnership is that no member is personally liable for the debts of the partnership.

Based on IRS tax audit statistics, LLCs and S-corporations tax planning strategies may both reduce IRS tax audit risk while providing asset protection from 3rd party creditors. The “check the box” regulations of the federal tax laws provide that an LLC with two or more members may choose to be taxed as either a partnership or a corporation. The LLC must file an election to be taxed as a corporation or it will automatically be treated as a partnership. Download this white paper to read more on LLC tax compliance issues.

Agenda

Faculty

Gary S. Wolfe

The Wolfe Law Group

Our author, Gary S. Wolfe, has more than 34 years of experience, specializing in IRS Tax Audits and International Tax Planning/Tax Compliance, and International Asset Protection.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.