As disregarded entities for federal purposes, single-member LLCs (SMLLCs) have no separate federal filing requirement, unless a corporate taxation election is executed. This session will address the unique characteristics and planning opportunities for single-member LLCs, including the impact of being individually-owned, corporately-owned, or owned by a partnership or multi-member LLC.
- To understand the issues involved in working with SMLLC clients.
- To explore the planning opportunities and issues that are related to what kind of taxpayer owns the SMLLC.
- To highlight the planning possibilities for SMLLCs when working with tax deferred exchanges.
Who Will Benefit:
- Enrolled Agents
- California CTEC tax preparers