The session will begin with a brief review of analyzing a business owner’s personal 1040 tax return. It will include the return of an LLC, S corporation, and C corporation, including Schedules M-1 and M-2, Schedule K-1, pass-through transactions, and other deductions.
The remainder of the webinar will cover advanced tax topics related to business clients.
What You’ll Learn
- Corporate tax issues including Business Structure, Section 179 Depreciation, and Bonus Depreciation
- Investments including Capital Gain/Loss Issues and Passive Activities
- Real estate issues including Personal Residence, Rentals, Home Offices, and 1031 Tax-Free Exchanges
- Employer provided benefits including Qualified Retirement Plans and Health Savings Accounts (HSAs)
- Retirement planning strategies including Defined Benefit (DB) Plans
- Estate planning issues including gifting
- Year-end tax strategies
- Changes to the tax code that impact businesses and proposed tax legislation
Who Should Attend
This session is ideal for commercial lenders, credit analysts, relationship managers, and credit administrators.