VASEA Spring Seminar Webinar: Tax Implications for Closing a Business
Fees
VASEA & NAEA Member Rate
$50 per webinar; $240 for Spring Seminar 6-webinar bundle
IMPORTANT: Members must use membership discount code at time of registration to receive member rates. Do not pay full amount & request refund. An administrative fee will be deducted in those cases.
Non-Member Rate
$70 per webinar; $360 for Spring Seminar 6-webinar bundle
VASEA Spring Seminar Webinar: Tax Implications for Closing a Business
The Coronavirus pandemic brought to the forefront the tax challenges faced by business owners, partners and shareholders when closing or shutting down a business. This program presents an overview of the positive and negative implications and requirements of business termination. The program examines the needs of corporations, partnerships, limited liability companies and individuals.
Learning Objectives
-Understand the federal tax filing requirements of closing business, based on entity type
-Understand benefits of certain tax treatments for a closing business
-Learn some interview techniques to help minimize the tax liability when closing a business
-Learn some best practices to help the client and protect the practitioner’s practice
IRS Program Number: QSRNU-T-00481-21-O
Participants will earn up to 2.0 IRS CE / 2.0 NASBA CPE
Field of Study: Federal Tax Law Topics / Taxes
Prerequisites: Basic understanding of flow through taxation, forms K-1, form 4797 and schedule D
Who Should Attend: EAs and other tax professionals
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Live presented online due to COVID-19
Refund Policy
Refunds will be honored if written notification is received at the Administrative Office up to 5 days prior to the date of the course. A processing fee of $25 will be deducted from the refund. If the total registration fee was less than $25, no refund will be granted. Transferring the registration to another individual is allowed up to 5 days prior to the program date. Transfers or cancellations within 5 days of the course will not be accepted. “No Shows” forfeit their fees. For more information regarding refund, cancellation and complaint policies, please contact our office at (804) 723-5888.
Cancellation
VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If a course or program is cancelled, registrants will be notified via email at the address listed on their registration form.
Complaint Resolution Policy
For more information regarding refund, cancellation and complaint policies, please contact VASEA Administrator, Heather Greenwell at admin@vasea.org or call (804) 723-5888.
Virginia Society of Enrolled Agents is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
John formed his current tax services firm in 2008, with a focus on the tax and representation needs of U.S. citizens living abroad, and non‐resident alien entrepreneurs and entertainers living and working in the United States. The Firm prepares the occasional cannabis industry and crypto currency tax return.
John is also the founder of Tax Practice Pro, Inc, a national continuing education provider. His current teaching focuses on taxation of legal marijuana businesses, problems of S corps, and taxation of non-resident aliens and those living abroad. He can be reached at john@taxpracticepro.com.
