LLC vs. S-Corp: The Entity Selection Toolkit (On-Demand)

Course Description

This one-hour CLE will be a comparison of legal and tax implications of operating as an LLC vs. S-Corp.

Syllabus

1. Entity Choice
   • What is a Limited Liability Company (LLC)?
   • What is an S-Corporation (S-Corp)?
2. Contribution of Appreciation Property Tax Free
3. Tax Free Distribution of Appreciated Property
4. Special Allocations
5. Tax Basis in Entity Borrowed Debt
6. Own Subsidiaries
7. Estate Planning and Gift Interests to Trusts
8. What Increases the Owner’s Basis?
9. NYC Taxes on Real Property Profits or Gain on Sale
10. Ownership
11. Tax Free Reorganization
12. Step-up of Depreciable Assets at Death
13. Capital Gains and Losses
14. Sale of Assets
15. Sale of Business Examples
16. Entities at Death
17. Comparison Chart

Instructor

David DePinto, Esq.