Business and Tax Strategies that Get Results

Be prepared no matter how Congress and the Biden administration change the tax laws this year. Geared specifically toward estate planners, this seminar brings you up to speed on business tax issues in order to create business entities that generate superior business income tax and fiduciary income tax results. Add significant value to clients with estates under $5 million—and even more for larger closely held businesses.

In this perfect companion to ICLE’s Probate & Estate Planning Institute in Acme, leading expert Steven B. Gorin shares how to avoid traps that estate planners of even simple estate plans can miss. Plus, attendees get free electronic access to over 925 pages of his comprehensive materials on income and estate tax issues relating to structuring businesses.

You will be able to:

• Adapt your planning in light of tax law changes with up-to-the-minute advice
• Guide clients through transitioning businesses to family members or key employees
• Compare and contrast corporations with partnerships (including LLCs) regarding start-up, transitioning a business with owners coming and going, dividing an entity among beneficiaries, and securing a basis step-up for the business’ assets
• Structure a business to avoid the 3.8 percent tax on net investment income and the self-employment tax
• Correct apparently blown opportunities to get a basis step-up in a partnership’s assets
• Avoid traps regarding nonqualified deferred compensation