Getting Cash Out of Your BusinessCode: 24-CASHOUT

Price: $159.00
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Course Details

429 Pages

Make that business into a lean mean moneymaking machine! Plan to optimize new businesses and review existing businesses for tax ideas to maximize owner benefits and cash opportunities.

This course examines the various ideas, methods and techniques capable of optimizing the overall compensation package for key employees and principals in small to medium sized businesses. Qualified and non-qualified deferred compensation, benefit targeting, insurance programs, statutory fringe benefits, interest free loans, and investment planning are investigated.

Effective pay plans essential to attract, motivate, and retain key people are described and evaluated. Consideration is given to indirect compensation in the form of business entertainment, expense accounts,  auto use, travel and transportation. Equity participation is explored through stock sales, repurchase agreements, incentive stock options, ESOT's, stock options and bonuses. The new field of professional services is probed to provide tax, financial and estate planning to the key executive.

OBJECTIVES:

To provide participants with a working knowledge of forms of compensation necessary to structure a compensation package minimizing tax liabilities.

MAJOR TOPICS:

  • Anti-Discrimination Rules

  • Deferral of Income

  • Unreasonable Compensation

  • Retirement Plans

  • Fringe Benefits

  • Deferred Compensation Plans

  • Travel & Entertainment

  • Luxury Automobile Rules

  • Insurance

  • Stock Participation

  • Wills & Trusts

  • Payback Agreements

  • Below Market Rate Loans

  • Income Splitting

  • Employer Provided Autos

  • Reporting of Fringe Benefits

  • Employee Reimbursement

  • Section 61 & 132

Presentation Method:  Self-Study

Category:  Taxation  

CPE credit:  19 Hours  

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase
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Getting Cash Out of Your Business
imported
R.L. CO
11/30/2015
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