C Corporations Update: Lobster Traps, Lobster Pots and a Whole New Sea of Opportunity

Description

C Corps carry unique blessings and curses of all their own. What of all this new fuss about how S Corps and other entities should switch to C Corps? The Tax Cuts and Jobs Act (TCJA) brought new lower tax rates for some C Corps, yet higher for others. But, there’s a whole lot more to the story. This course kisses and tells about the C Corp rest of the story.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.?

Highlights

• C Corp new tax developments
• Choice of business entity flipped over on its ear – Or, not?
• C Corp tax rate musical chairs
• C Corp AMT transition issues and blockbuster new opportunities
• C Corp AMT and Buy Sell Agreements
• C Corp income tax structure – More than meets the eye
• Dividends received deduction overhaul
• To Be or Not to Be a C Corp – 4 Reasons
• C Corps w/ justification to retain earnings
• C Corp §1202 (QSBS) stock – A new era begins
• C Corp vs. Pass-Through
• Should You Switch from C to S Corp? TCJA paves road
• TCJA - §163(j) Business interest expense limit – Grab your hat
• 2018 Form 1120 – What's meaningfully new?

Objectives

• Demystify the mystery of C Corp or not under TCJA
• Learn 4 situations C Corp better than pass-through (for entrepreneurial business)
• Identify and apply new developments affecting C Corps
• Learn goods and bads of new C Corp tax rate under TCJA
• Break out of double tax lobster trap if you can
• Troubleshoot §163(j) business interest expense deduction limit
• Identify new opportunities now that C Corp AMT has bitten dust
• Recognize tweaks to C Corp charitable contribution rules

Designed For

All who desire to understand the new playing field for C Corps after TCJA and other new important tax developments