Description:

This book is for preparing 2025 taxes. Whenever a taxpayer starts a business, they must determine what entity structure is best. Tax professionals can assist their clients through this process. To do so, you must understand what entity structures are available and why one might be better than the other depending on the client’s scenario. Additionally, this course will address how limited liability companies (LLCs) are classified for tax purposes and steps to change entity types.

• Listing the different entity types
• Summarizing pros and cons of each entity type
• Identifying entity options for LLCs
• Recognizing the impact of tax rate by entity type

Product Details:

Item Number: 25373

Level: Basic

Authors: NATP Staff

Published: 2025

Format: Print - 108 pages

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Corresponding CPE Courses:

Get the e-book FREE when you purchase the corresponding 2025 course.