Accounting
Archived Webcast – S Corporation vs. LLC: Similarities and Differences
While S Corporations and Limited Liability Companies (LLCs) are similar because they provide liability protection for business owners and allow for pass-through tax treatment, there are many differences as to how they are operated, complied with, and taxed.
Nov. 06, 2024
This webinar was held on Thursday, November 21, 2024 at 1:00pm ET
Sponsor: CorpNet.com
Duration: 1 Hour
It’s best that accountants, CPAs, and tax professionals are up to date on entity advantages to assist their clients in making the best decision when it comes to choosing which entity option is best for their business.
In this webinar, CorpNet.com CEO Nellie Akalp will outline the similarities and differences between S Corporations and LLCs.
Learning Objectives:
- Evaluate the LLC and S Corporation tax considerations when choosing one entity over another
- List steps to form an LLC or elect S Corporation status
- Identify salary and tax requirements for LLCs and S Corporations
| Program Level | Basic |
| Prerequisites | None |
| Field of Study | Business Management and Organization |
| Advance Preparation Needed | None |
| Delivery Method | Group Internet-Based |
| Recommended CPE Credit | 1 Credit per 50-Minute Session |
| Registration Instructions | Register Online |
| Cost | Free |
| Complaint Resolution | editor@cpapracticeadvisor.com |
Presented by:
Nellie Akalp is a passionate entrepreneur, business expert and mother of four. She is the CEO of CorpNet.com, the smartest way to start a business, register for payroll taxes, and maintain business compliance across the United States.
Moderated by:
Gail Perry is the editor-in-chief of CPA Practice Advisor. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars. Gail is the author of over 30 books (including Mint.com For Dummies, The Idiot’s Guide to Introductory Accounting, and Surviving Financial Downsizing: A Practical Guide to Living Well on Less Income), and she maintains a small tax practice. Gail is a graduate of Indiana University where she earned a bachelor’s degree in journalism. She returned to school to study accounting at Illinois State University, earned her CPA, and worked for Deloitte in Chicago for several years as a state and local tax accountant. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society. Gail is a member of the AICPA’s PFS Credential Committee.
Special thanks to our sponsor for supporting this educational session:
Founded in 2009, CorpNet is a family-owned, Westlake Village, California business ran by serial entrepreneurs Philip and Nellie Akalp. This dynamic attorney husband and wife team has provided business formation and compliance services for over 26 years. They’ve helped over half a million entrepreneurs start and maintain their businesses.
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