22WS-1181: Surgent's Reducing a Business Owner Client's Exposure to Social Security and Self-Employment Taxes (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Thursday, December 8, 2022
Time
6:00pm
-
8:00pm
Central Time
Location
Online
CPE credits
CPE
2.0
Field(s)
of study
Taxes - Technical (2.0)
Specialty
credits
2.0
IRS CE approved
Instructor
Michael Tucker, PhD, LLM, JD, CPA
Surgent
Fees
|
Standard Member Fee |
$99.00
|
|
Standard Nonmember Fee |
$99.00
|
Description
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. It covers strategies that can be used to reduce clients' exposure to the self-employment tax and Social Security tax.
Who should take this program?
Tax practitioners who advise clients with regard to their self-employment tax liability
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 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 child helps reduce self-employment tax
-
Differentiating between income treated as self- employment income and income that is not self-employment income
Learning objective(s)
-
Determine when avoiding earned income/SE income works favorably for the client
-
Understand how hiring a spouse and/or child helps reduce self-employment tax
-
Differentiate between income treated as self- employment income and income that is not self-employment income
Course code
Code
22WS-1181
Sponsor
NASBA ID#: 103212
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
Basic knowledge of individual income tax
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
