Understanding business structures is crucial for tax professionals navigating the complexities of U.S. regulations. This course provides a deep dive into partnerships and corporations, covering their formation, management, and dissolution from a taxation perspective.

What You’ll Learn:

• How to determine if a business qualifies as a partnership

• Management, decision-making, and profit-sharing in partnerships

• Process of dissolving a partnership and settling liabilities

• Rights, responsibilities, and authority of partners

• Stages of a corporation: Formation, operation, and termination

• Governance structure: Shareholders, directors, and officers

• Legal and financial obligations in corporate management

• Dissolution methods: Mergers, bankruptcy, and voluntary closure

Course Overview:

This course is designed for taxation professionals looking to strengthen their understanding of business structures under U.S. CPA regulations. You’ll explore partnerships, focusing on their formation, rights and obligations of partners, profit-sharing, and dissolution. Additionally, you’ll gain insights into corporations, including governance, legal responsibilities, and termination methods.

Each module includes detailed explanations, real-world examples, and practical insights to help you grasp key taxation principles related to business structures.

Who Should Take This Course?

• CPA candidates preparing for the REG exam

• Tax professionals handling business entity taxation

• Legal and finance professionals dealing with business structuring

• Anyone looking to understand the taxation aspects of partnerships and corporations

Who this course is for:

• This course is for taxation professionals, finance students, and anyone with an taxation background looking to enhance their skills.