Structuring LLCs Taxed as S-Corporations: Self-Employment Tax, Distributions, & Other Issues
Tuesday, December 3, 2019, 1:00 PM - 2:00 PM, ET
Presenter: Jeffrey L. Williamson, JD

This course will cover drafting of limited liability companies (LLCs) taxable as subchapter S corporations (S-corps).  This is an important service to provide to clients because an overwhelming majority of new small businesses are taxed as S-corporations, and most of those entities are formed as LLCs.  Creating LLCs taxed as subchapter S-corps provides many benefits.  First, LLCs generally offer better asset protection than state-law corporations, and S-corps may provide employment tax savings not otherwise available to disregarded entities or sole proprietorships.  In addition to learning about the advantages of S-corps, attendees will also learn about possible abuses and limitations of these types of entities and how to combine these entities with partnerships for optimal tax efficiency and asset protection.

This webinar will cover:

  • Introduction to S-Corporations
  • Employment Tax Advantages of S-Corporations
  • Disadvantages of S-Corporations (Allocations and Distributions)
  • Combining Partnerships and S-Corporations for Optimal Business Structures

Program Knowledge Level: Intermediate
Delivery Method: Group Internet-Based
Recommended CPE Credit: 1.0 credit
Field of Study: Taxation
Prerequisites: JD
Advance Preparation: None
Review Date: 11/22/2019

1.0 CLE (California Board of Legal Specialization - Estate Planning)
1.0 CFP credit pending (National CFP Board)

For information on refunds, concerns, and program cancellation policies, please contact our offices at 888-659-4069, ext 818 or

WealthCounsel LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBA Sponsor ID 108255. 

We have registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE program. Texas State Board Sponsor ID 9610.


This webinar is included for Business Law Subscribers and provided live complimentary for Trusts & Estates Subscribers

Regular Price: $139 | Trusts & Estates Price: $0 (Website access not included) | Gun Law Price: $139 | Business Law Price: $0 | Practice Development Price: $139