EVENT DESCRIPTION
This course explores the tax treatment, filing requirements, and compliance issues related to disregarded entities, including single-member LLCs and qualified entities owned by trusts or corporations. Participants will examine when an entity is treated as disregarded for federal tax purposes, how income and expenses are reported, and when separate filings or elections may be required. The course also addresses payroll and excise tax implications and practical planning strategies.
EVENT OBJECTIVE
By the end of this session, participants will be able to:
• Define what constitutes a disregarded entity under federal tax law.
• Determine appropriate filing requirements for different types of disregarded entities.
• Identify the tax implications of converting to or from disregarded entity status.
• Apply reporting rules for disregarded entities in areas such as payroll, excise, and employment taxes.
