S Corporations, and their taxation, are of interest for many financial planners who serve business owners. Furthermore, since many planners are self-employed themselves, S-Corps are also useful in choosing a business structure for their own practice. Questions around reasonable compensation, deductibility of health insurance premiums, and allocating ownership (among others) are critical for business owners to get the most out of S-Corp status. The April Kitces Monthly webinar will arm financial advisors with information on the benefits, limitations, and strategies for S-Corps so that they can better maximize this status with clients and their own practice.
At this webinar, advisors will learn:
- Basic S-Corp rules and definitions
- Recent legislative changes that relate to how S-Corps are managed
- Benefits of S-Corps when it comes to profits and taxation
- Strategies that advisors can deploy to take the most advantage of S-Corps