Content Provider
Cleer transparent
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Free cpece webinars
LLC Tax Update for the 2023 Tax Year

LLC TAX UPDATE FOR THE 2023 TAX YEAR

Cost $30.00
Presentation Length 2.0 hours

Recorded DateJanuary 23, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

LLCs are flexible entities for tax purposes and can be treated as a sole proprietorship, a partnership, or even elected to be a corporation. However, some of the benefits and rules around these elections have changed in recent years, especially when it comes to which structure is most beneficial.

This webinar will cover some basics about LLC taxation, the benefits of different elections, some potential pitfalls including filing requirements for foreign-owned disregarded entities, and the K-2 and K-3 filing requirements. It will cover new information reporting requirements that may affect LLC owners and updates on what is changing for LLCs, including both disregarded entities and partnerships.  The webinar will additionally explore structuring options and which elections are best in various scenarios. Join this webinar and look toward the future and what changes may be coming based on international tax and legal developments.

Learning Objectives:


  • Determine the various tax treatment options available for LLCs, including sole proprietorship, partnership, and corporation status

  • Identify the benefits, potential pitfalls, and filing requirements associated with different tax election choices for LLCs

  • Recognize recent changes in LLC taxation, information reporting requirements, and potential future developments influenced by international tax and legal changes

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin
Optictax whitebg

Crystal Stranger holds a Juris Doctor of Law degree, is an Enrolled Agent (EA), EOS Integrator, and Senior Tax Director and CEO of OpticTax.com. Bringing over 20 years of finance, accounting, and leadership experience she enjoys helping startups stay focused on the big picture objective while maintaining an eye to the details and performing realistic risk assessments.

About Our Presenter

Cleer transparent

Cleer provides accurate, affordable, and efficient bookkeeping and tax services for US businesses and subsidiaries to help entrepreneurs do it right from the start. Cleer was launched to newly-formed businesses needing bootstrapped tax and bookkeeping to fit their budget and growth stage, and has grown over 5 years, 5 continents, and more than 3,000 Clients. Our tech-forward team is more streamlined with our paperless process to provide next-level results for your startup. Cleer also offers Delaware Franchise Tax Annual Reports, tax consultations, representation, R&D Tax Credits and other specialty consulting and compliance services, based on the unique needs of your business.