20SS-0232: Surgent's Reducing Your Business Owner Clients' Exposure to Social Security and Self-Employment Taxes (Self-Study)
Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical)
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
Many business owner clients wish to minimize their Social Security and self-employment tax liabilities. This course provides tax practitioners with the background to understand what kinds of income constitute self-employment income and earned income and strategies that can be used to reduce their clients' exposure to the Self-Employment tax.
Major subjects
-
Section 1402(a)(1) exclusions from the definition of self-employment income
-
Application of the SE tax to members of limited liability companies
-
Taking a self-employed owner's health insurance deductions taken against self-employment tax
-
How using the S Corporation and the MMLLC treated as a partnership can help reduce an individual's exposure to self-employment tax
-
How hiring a spouse and/or children helps reduce self-employment tax
-
Differentiating between income treated as self- employment income and income that is not self-employment income
Learning objective(s)
-
Identify what kinds of income are and are not subject to Social Security andself-employment tax
-
Understand how theself-employment tax applies togeneral partners, limited partners, and LLC members
-
Determine how using a pass-through entity can reduce or eliminate employment tax for the principals and family members
-
Understand how the 0.9% tax and the 3.8% tax apply to self-employment income and earned income
Who should take this program?
Tax practitioners who advise clients with regard to their self-employment tax liability
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$49.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Standard Member Fee |
$49.00
|
Standard Nonmember Fee |
$49.00
|