PPT-Partnership and s corporation differences

Fort Worth CPA 2015 Tax Institute August 6 2015 John R Hunter JD CPA The Blum Firm PC 777 Main Street Suite 700 Fort Worth Texas 76102 Tel 817 3340066 wwwtheblumfirmcom. Note Checking the availability of a corporation limit ed liability company or limited partnership name does not reserve the name and has no binding effect on the Secretary of State nor does it confer any rights to a name Please refer to our Name Ava Note Checking the availability of a corporation limit ed liability company or limited partnership name does not reserve the name and has no binding effect on the Secretary of State nor does it confer any rights to a name Please refer to our Name Ava Part B Officers or partners information ABCD Number of Name and title Address shares Social Security number 10 11 12 13 14 Section 2 Complete the following financial information N Part B Officers or partners information ABCD Number of Name and title Address shares Social Security number 10 11 12 13 14 Section 2 Complete the following financial information N 3.00 Acquire knowledge of business ownership to establish & continue business operations. Objectives. Summarize the advantages and disadvantages of the most common types of business ownership.. Three basic forms of business ownership. . SMALL BUSINESS LEGAL STRUCTURE. . CONTENTS. INTRODUCTION. OVERVIEW OF LEGAL STRUCTURES. OPERATION AND CONTROL. INVESTMENT. CONTINUITY AND TRANSFERABILITY. LEGAL LIABILITY. COMPENSATION AND PAYROLL TAXES. Getting Started. How should you operate and structure your business?. It can be difficult, so ask for help.. Consult with a CPA to learn:. Filing and compliance issues. Tax benefits and detriments. Tax and Non-Tax Issues to Consider. A . sole proprietorship . is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner. You are entitled to all profits and are responsible for all your business’s . © Coastal Pacific Law 2017. Peter Diamandis and Crowdfunding. Business Issues. Business Incorporation. II. Intellectual Property . -Copyright. -Industrial Property. a. Trademarks. b. Patent. c. Industrial designs . From Businesses. Steven B. Gorin. Thompson Coburn LLP. 314-552-6151. sgorin@thompsoncoburn.com. http://thompsoncoburn.com/people/steve-gorin. http://www.thompsoncoburn.com/insights/blogs/business-succession-solutions. Intermediate Accounting Chapter 18 Accounting for Income Taxes © 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. RESTRUCTURING TROUBLED PARTNERSHIPS AND CORPORATIONS Tax Group Bracewell LLP 2016 2 TOPICS • Cancellation of Indebtedness Income • Partnership Debt for Equity Exchange ‒ Consequences to the Go to wwwsoscagov/business-programs/bus for the current processing es at our Sacramento office The remaining names will not be researched ons cannot be accepted at this timePlease complete the Name R Visit our Web site at www.tax.ny.gov Individual, Corporation, Partnership, or LLC AcknowledgmentSTATE OF SS.: day ofin the year 20, before me personally appearedknown to me to be the person w