Date: June 10, 2025

Time: 1pmET | 12pm CT | 11am MT | 10am PT

Duration: 3.5 Hours

Description:

Join us for the “Partnership, LLC & S Corporation Tax Planning” webinar—an essential program designed for tax professionals, financial advisors, and business owners seeking to optimize tax outcomes in today’s evolving economic environment.

This course offers practical strategies to navigate the complexities of flow-through entity taxation with confidence. Gain a clear understanding of entity structuring, including key considerations when choosing between partnerships, LLCs, and S corporations. Dive into the details of S corporation elections, eligibility requirements, and the advantages these entities may offer over other business structures.

Led by tax expert Nicholas Preusch, this session provides valuable insights into both federal and state tax implications. You’ll receive up-to-date guidance on recent legislative changes, state-specific tax challenges, and compliance best practices.

Key topics include maximizing deductions with the Qualified Business Income Deduction (Section 199A), structuring tax-efficient distributions, and addressing core flow-through issues like basis tracking, self-employment tax, and passive activity loss limitations. The course also highlights common pitfalls—such as improper income allocation and inadequate documentation—and offers actionable tips for effective partnership agreement management.

Look ahead to emerging tax trends influenced by technology and regulation, and leave equipped with the tools to elevate your tax planning strategies across various entity types.

Key Topics Covered:

• Choosing the Right Entity: Partnerships, LLCs, and Corporations
• S Corporation Elections: Requirements, Benefits, and Pitfalls
• Navigating Federal and State Tax Implications
• Tax Strategies for Pass-Through Entities
• Emerging Issues and Future Trends in Tax Planning

Learning Objectives

• Evaluate various entity structures to determine the most effective choice based on specific business goals.
• Understand S Corporation eligibility requirements and identify its advantages compared to other entity types.
• Interpret recent federal and state tax law changes affecting flow-through entities and apply them in practice.
• Apply strategic tax planning techniques to optimize deductions and structure efficient distributions.
• Identify emerging tax trends driven by technological advancements and address key issues such as basis, self-employment tax, and passive activity limitations.

Stay current with the latest in flow-through entity taxation. Enroll now to sharpen your skills, stay compliant, and gain strategic insights that will help you confidently guide clients or manage your own business through the complexities of tax planning for partnerships, LLCs, and S corporations.

Credits and Other information:

• Recommended CPE credit – 3.5
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 3.5 Hours

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Nicholas Preusch , CPA (US) Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the  AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).