Learn how as a business professional you can decide on the best legal and tax structure for your new venture, or revise your current one....
Join us for this month's Small Business Service Center's seminar!
Putnam Smith with Lipscomb, Johnson, Sleister, Dailey & Smith, LLP will address the multiple objectives that apply in this context: to choose the business entity form that provides both the greatest income tax planning benefits and advantages for business law planning (particularly the potential liabilities that would otherwise be applicable to the business owner).
For income tax planning purposes, Mr. Smith will discuss (1) how income taxes on profits might be either minimized or deferred; (2) how business losses can be used to off-set other income; (3) how increases in the value of the equity might best be protected from income and estate tax liabilities; and (4) how assets can be transferred into and out of the entity on the most tax efficient basis.
Business planning (i.e., non-tax) issues would include: (A) how business entities can be used to limit exposure to liabilities associated with business activities of their owners; (B) determining the most efficient entity structural arrangement from the management perspective; (C) which business forms provided the most flexible structure for possible future transfers of ownership interests in the business; and (D) which entity structures enable the most flexible equity ownership and financing arrangements.
Speaker: Putnam C. Smith
**Free for Members- $15.00 Non members**