One of the most important decisions a client will make is choosing the legal form of business entity for their new endeavor. Selection requires a careful balancing of tax and nontax considerations. Will it be a sole proprietorship? Limited partnership? Limited liability company? Or a corporation and, if so, what type of corporation? This program delves into the differences as well as the advantages and disadvantages of each. You'll also get a comprehensive look at the types of questions to ask your client in order to counsel them on the best form of business entity.

As a result of this program, you will understand:

Distinguishing factors among business entities
Non-tax classification of business entities
Tax classification of business entities
Factors in selecting the form of business entity
Process of selecting the business entity

Program materials include:

Selection of Business Form Worksheet- Master Form with Commentary Entity Comparison Chart
Checklist of Advantages and Disadvantages of Business Entities
Client Handbook on Selection of Business Entity

This program is included in the following series:

Formation and Organization of Corporations


Practice Areas:		Becoming a Business Counselor, Business Organizations, Business Organizations & Contracts, Career Development

Online Media Type:		Interactive Text

Production Date:		09/14/2011

Level:		Basic

Category:		Standard

Duration:		0 Hours, 19 Minutes

Online Format:		On Demand

Course Type:		Public

Click here for information on subscription discounts and Group Viewing opportunities.

Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.

West LegalEdcenter will not provide accreditation for states not listed.

CLE Scholarship information
Tuition Assistance for legal professionals taking our programs. Learn more about the program.

This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.

People who bought this program also bought:

There are no current recommendations

E-mail a colleague about this program.

Credit Eligibility:

Click on the jurisdiction to view credit eligibility details for this program

IMPORTANT!
This program is:

NOT AVAILABLE
FOR CLE CREDIT

If you complete this
program, a generic
completion certificate
will be provided
in your profile.

Request credits for a state not listed.

Check your state requirements and get contact information.

Speakers:

•	Alan S. Gutterman - Principal, Gutterman Law & Business


	This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.