Surgent's Financial Planning: Getting Money to Small Business Owners

Overview

Financial planning for a small business is inherently tied with the owner. When you plan for the future of the company, you are planning for the individual as well. Trying to get the owner additional cash from their company is a common issue faced by many advisors. However, it is important to realize that the form of that cash movement may result in very different tax implications. Using easy to understand examples and cases, this course will explore the common methods used to transfer cash from a small business to the owner. We will look at how the tax implications differ depending on entity type and the form of payment.

Delivery Method: Individual webcast
CPE Credit: 2
Program Level: Overview

This course is being offered by a learning partner. You may access the Surgent platform through the My CPE page on vscpa.com after purchase.

Highlights

The small business owner’s problem
Distributions from a C corporation
Distributions from a partnership
Distributions from an S corporation
Reasonable compensation, rent, and loans

Prerequisites

None

Designed For

Accounting and finance professionals who work with small business owners

Objectives

Compare the basic tax implications of distributions from a C corporation, S corporation, and partnership
Calculate the tax implications of cash distributions and property distributions from S corporations and partnerships
Calculate tax basis for a partnership and an S corporation
Identify the factors that establish reasonable compensation, reasonable rent, and reasonable loans between a closely held entity and its owner