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Free cpece webinars
S Corporation vs LLC: Similarities and Differences

S CORPORATION VS LLC: SIMILARITIES AND DIFFERENCES

CPE Processing FeeFREE
Webinar TranscriptionN/A
Presentation Length Hour(s)1.0 hour
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-01352-23-S
Course LevelBasic
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded DateMay 31, 2023
Date OfferedNovember 16, 2023
Expiration DateNovember 16, 2024
Course Description

While S Corporations and Limited Liability Companies (LLCs) are similar because they provide liability protection for business owners and allow for pass-through tax treatment, there are many differences as to how they are operated, complied with, and taxed. It’s best that accountants, CPAs, and tax professionals are up to date on entity advantages to assist their clients in making the best decision when it comes to choosing which entity option is best for their business.

In this webinar, CorpNet.com CEO Nellie Akalp will outline the similarities and differences between S Corporation vs. LLC.

Learning Objectives:


  • Evaluate the LLC and S Corporation tax considerations when choosing one entity over another

  • List steps to form an LLC or elect S Corporation status

  • Identify salary and tax requirements for LLCs and S Corporations



FOR RECORDED COURSES WITH VIDEO

Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable.

Play the recording, noting the sectional guides indicating where topics on the agenda are covered and the prompts to pause video playback to respond to a review question (located below the video playback area). The timestamps for review questions are also noted below.

Upon completing the video and successfully answering all review questions, you will then take the final exam.

Corpnet scorporationvsllc videoimage
Handout Materials
Presentation Slides
Additional Materials
Glossary
Review Questions
Review Questions
QUESTION 1: 0:07:20 minutes
QUESTION 2: 0:42:50 minutes
QUESTION 3: 0:45:24 minutes
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Corpnet

Nellie Akalp is a passionate entrepreneur, small business expert, and mother of four. She is the CEO of CorpNet.com, a trusted resource for Business Incorporation, LLC Filings, and Corporate Compliance Services in all 50 states. Nellie and her team recently launched a partner program for accountants, bookkeepers, CPAs, and other professionals to help them streamline the business incorporation and compliance process for their clients. More info at CorpNet.com/partners.


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About Our Presenter

Corpnet

CorpNet.com is your trusted resource for business incorporation, LLC filings, and corporate compliance services in all 50 states. Through the CorpNet Partner Program, accountants, CPAs, enrolled agents, bookkeepers, and QB ProAdvisors can now offer business formation and corporate compliance services to their clients in any state. Learn more at: CorpNet.com/partners