Tax Concepts for Closely-Held or Family Businesses
| Faculty: | Dr. Bart A. Basi |
| Production Date: | August 18 2008 |
Description
In this course, Dr. Bart Basi explores everything from business meals to employee compensation and health savings accounts. This is a great course to further your knowledge on the up-to-date tax laws and how they affect the family business.
Learning Objectives:
I. Understand what expenses can be classified as a company expense.
II. Know how employee compensation is taxed for the company.
III. Elaborate on knowledge of employee benefit programs.
IV. Foresee deducting rent and lease expenses.
V. Establish flexible spending and health accounts for a company.
VI. Understand what constructive dividends are.
Outline:
I. Business Meals and Entertainment Expenses
II. Deducting the Cost of the Company Car
III. Employee Compensation
IV. Cash and Non-cash Payments to Employees
V. Fringe Benefit Exclusions
VI. Employee Benefit Programs
VII. Deducting Rent and/or Lease Payments
VIII. Substantiation Requirements for Travel and Related Expenses
IX. Flexible Spending Accounts
X. Health and Savings Accounts
XI. Constructive Dividends
User Reviews
Amy (Frisco, CO)
Probably the best course I have taken on lawline. practical for my purposes and lots of information!
William (Cool, CA)
best CLE ever
CRAIG (BIG LAKE, MN)
Great!
Deborah (Hillsborough, NJ)
Excellent course ! Very informative and welll presented.
Jonathan (San Francisco, CA)
one of your best programs I have seen,
Alexander (El Cerrito, CA)
Nicely done.
Adam (Santa Cruz, CA)
Great!
jANE (LOs Angeles, CA)
covered a lot of topics in one hour and very interesting speaker
jaymie (jaffrey, NH)
off the charts, again.
Jamey (Golden, CO)
Bart is great.
Kelly (Peyton, CO)
I like this guy as a speaker - he's always engaging.
Lindsay (Loveland, CO)
Dr. Basi is a GREAT instructor. He makes tax law exciting.
Doug (Parker, CO)
Bart's the best! Add a couple of jokes and he can be Sandy Botkin!
Kimberly (Westport, CT)
great speaker
Fredrick (New Suffolk, NY)
very well done
Richard (Fort Myers, FL)
speaker keeps your attention even though the material typically is very dry
Michele (Farmington Hills, MI)
Vital for small business owners, really enjoyed it.
William (Hoffman Estates, IL)
excellent
george wai-tat (Monterey Park, CA)
Excellent lecturer.
Michael (Claremont, CA)
Good discussion
Anne (Longmont, CO)
He does a great job, intellegent and accessible.
Claudia (Phoenix, AZ)
Excellent
Patrick (Stony Brook, NY)
Interesting, informative, and entertaining.
JEFFREY MICHAEL (HOBE SOUND, FL)
BASI IS A GREAT PRESENTER!
rochelle (portland, OR)
Like this instructor....lots of real world examples and makes the course interesting
David (Denver, CO)
Bart Basi is your best speaker bar none.
William (Lake Forest, IL)
I have seen many of his courses, and he is an effective speaker.
Jessica (Sanford, FL)
Speaker was great and a lot of useful info for small businesses.
Patrick (Salt Point, NY)
High Energy. Mr. basi is the best.
Clifford (Tarzana, CA)
very useful
Darrel (MORGANVILLE, NJ)
very helpful and enjoyable
Lawrence (Rockford, IL)
Helpful tips for my clients that are generally practical that I could use them for myself.
Karen (New York, NY)
Love Mr. Basi. This was a good course.
Erik (Grand Junction, CO)
This was an excellent and very useful program!
Devyn (Chicago, IL)
Great presentation. You can tell this guy is a professor - he know how to explain tax issues with boring you to tears.
Gordon (Lombard, IL)
DR. BASI THE MAN!!
Natalie (Aurora, CO)
Really appreciate you repeating explanations. Also the examples help make the theory meaningful and therefore more memorable. Thanks.
Erika (Wilmington , CA)
Amazingly good. Really helpful information
George (Brooklyn, NY)
great presentation
John (Castle Rock, CO)
Dr. Basi is an amazing speaker. Charismatic, interesting, knowledgeable and very informative.
Mei (NYC, NY)
It is good and the material is very useful in the business world.
Marlo (Linden, NJ)
I enjoyed this course.
Charles J. (Rome, NY)
Nice presentation.
Tonye (Denver, CO)
Dr. Basi is a great Professor. I really loved this one and I will definitely be listening to it over and over again.
Howard (Plainview, NY)
Good job.
Manuel (Bandon, OR)
Dr. Basi is well qualified and good presenter.
ANDREA (LAKE GROVE, NY)
The instructor was excellent & captivating!
Charlene (PARRISH, FL)
Excellent!
Robert (Eugene, OR)
Liked the use of real life examples.
Karen (New York, NY)
What an excellent presenter! Thank you.
Sam (Salem, OR)
Worked great.
Joung Ho (Flushing, NJ)
Great tax tips for closely-held businesses
John (S. Jordan, UT)
Thank you. Great presentation.
James (New York, NY)
Digestible overview of common tax issues confronting privately held companies. A good refresher.
Robert (New York, NY)
Well done.
Dan (Hastings-on-Hudson, NY)
Good information well explained.
Tim (Commerce, TX)
very practical
Aimee (Odessa, NY)
Great - very informative.
Luz (Denver, CO)
excellent program!
Nancy (Utica, NY)
Excellent presentation.
Douglas (New York, NY)
excellent, engaging and very practical
Stephen (SYRACUSE, NY)
Higly practical and useful and clearly presented.
Curt (Los Angeles, CA)
This program had a direct impact on how I advise my clients. I recommend it highly.
JT (San Francisco, CA)
Extremely helpful
Kathy (Sherman Oaks, CA)
Universally applicable and helpful information.
Stacy (San Francisco, CA)
great speaker; very knowledgeable
Daniel (Canoga Park, CA)
Excellent presentation and easy to follow written materials. Dispels a lot of misconceptions regarding small business deductions.
Peter (La Jolla, CA)
Very informative and applicable to attorneys in several practice areas.
Alejandra (Los Angeles, CA)
Excellent speaker. Great information.
Daniel (Danville, CA)
Loved this program.
Cory (Irvine, CA)
great information
Lyle (Deming, WA)
Far and away the best course from all points of view
keith (Clackamas, OR)
My favorite speaker at your courses.
Stephen (Bar Donia, NY)
wow! Now that's an expert!
kenlyn (boulder, CO)
bart is the best; i'd do an entire package of bart lectures for my CLEs. excellent information.
Charles (Denver, CO)
Excellent grasp of subject!
Alice Yung Hsin (Cupertino, CA)
engaging and informative
james (rancho mirage, CA)
a clear expert in the field
Morgen (Chatham, NY)
not what I expected, but very informative.
Kimberly (Venice, MA)
Found it very helpful - I'm impressed!
Jeffrey (Waynesboro, VA)
Everyone with small business clients should see this program- lots of good information
Diann (Murphysboro, IL)
Very interesting and helpful.
Douglas (Philadelphia, PA)
finally, a substantive course with substance!!!
Lynn (Rockville, NY)
I love Dr. Basi. He is a great presenter and keeps your interest. LMK
Martha (Delmar, NY)
Great presentation, very engaging!
roger (Harper's Ferry, WV)
Very good.
Russell (Hampton, VA)
Basi is THE best!
Chris (Montgomery, TX)
excellant!
Kendra (Cordova, TN)
Extremely interesting and helpful!!!
Anthony (Wilton, CT)
The speaker is superb as is the course.
H. Michael (Willowbrook, IL)
Excellent presenter - very clear
christina (long grove, IL)
great speaker!
Cari (Chicago, IL)
Entertaining speaker - quality content.
jeff (Lisle, IL)
quite helpful
Silvan (Gilberts, IL)
Almost anyone would benefit from seeing this course.
Brenda (Watseka, IL)
Again, I wish it were longer -- this guy is AMAZING!!!
Rita (Tuscola, IL)
This guy is really good.
Rebecca (Chicago, IL)
a little dry but informative
Anne (Lexington, IL)
Very informative.
Melvin (Ottawa, IL)
Excellent lecturer.
Andrew (Buffalo Grove, IL)
AMAZING PROGRAM
Ann (Englewood, CO)
While this information is specialized, it affects all lawyers regarding our own business practices.
Peter (Oak Park, IL)
Mr. Basi is one of your best and most knowledgeable speakers.
Karen (Palos Heights, IL)
Dynamic and informative; a pleasure to listen to the program. I hope he will do other Lawline CLE programs
Colleen (Chicago, IL)
Good presentation - very well organized and easy to understand.
Joseph (Southlake, TX)
Best course I've listened to yet.
Chad (Ocala, FL)
Great information, great presentation.
Gregg (Carol Stream, IL)
bart basi knows his stuff
William J. (Chicago, IL)
Very good teacher!
CORY (HOUSTON, TX)
Great course
Marjorie (River Grove, IL)
Great presentation. Very informative.
Jon (Washington, DC)
Dr Basi does it again. Great stuff.
Mark (Irvine, CA)
great, great course
Michelle (chicago, IL)
actually very interesting information
Victoria (Chicago, IL)
Very practical information for business attorneys
jeff (cocoa beach, FL)
Wow, so much useful information in such a short amount of time.
Trey (Dallas, TX)
GREAT PROGRAM!
Robert (Lockhart, TX)
good show
Joseph (Great Falls, VA)
Excellent style of presentation and right balance of general concept and detail.
Adam (Brisbane, CA)
Enjoyed his delivery and clear experience in his subject matter
Christopher (Plano, TX)
Always enjoy Dr. Basi.
Paul (Bronx, NY)
excellent program
Jacqueline (Sacramento, CA)
Excellent
stuart (great falls, VA)
Good.
Joseph (San Diego, CA)
Once again, an outstanding presentation.
Heather (Portsmouth, VA)
I was not only educated but entertained as well.
John (Jefferson, OR)
very helpful and informative.
Price (Columbus, OH)
Great speaker. I definitely learned a few new tax tips.
E. Rick (Coconut Grove, FL)
very well done
Elisha (Skokie, IL)
Excellent speaker
Jay (Lovisville, KY)
Excellent speaker with examples that made difficult tax issues understandable.
robert (rockville, MD)
fantastic, knowledgeable speaker who provided some excellent examples of the tax effect of certain business transactions
Darren (Roanoke, VA)
The examples used in presentation are on point and keep you focused. A very good presentation.
Otis (Cleveland, TX)
good topic for cpas-I almost understood all of it as presented, so kudos
Robert (Sterling, VA)
Basi is the Best!
Everett (Plano, TX)
Very informative. Dr. Basi is great!
Somaly (Vienna, VA)
interesting stuff
Elisabeth (Centreville, VA)
Very useful, good speaking style.
ROBERT (BETHESDA, MD)
very interesting presentation, many of the ideas can be used in my practice
Gary (Gainesville, VA)
Well worth the time.
Keith (Richmond, VA)
Basi is very good
Michael J. (Arlington Heights, IL)
very interesting
Edward (Plano, TX)
Great short course. I would love to take a longer tax course with Dr. Basi.
William (Aledo, TX)
Love Dr. Basi. Informative and Entertaining.
Merrilie (Tyler, TX)
Very informative and useful.
Jerome (Riverwoods, IL)
Good overview of tax items.
Chandran (Houston, TX)
excellent.
Karen (Livermore, CA)
Entertaining and informative!
Caroline (Oak Park, IL)
Great information. Extremely useful
Marc (Highland Park, IL)
excellent. very entertaining.
Howard (Wilmette, IL)
I hate tax law, but this presentation was excellent. Presented at the perfect level for a CLE course.
Elizabeth (river forest, IL)
wonderful and useful- grewat job
David (Chicago, IL)
good basic knowledge for running a small firm or having basic knowledge for clients
James (Mount Propect, IL)
This is an absolute home run with great information, extremely relevant to most, and a lively speaker!!!
Naomi (De Pere, WI)
Speakers gave relevant, applicable examples with good details to drive points home
April (Chicago, IL)
Informative and useful.
Bonner (Cordova, TN)
I look forward to listening to future seminars. Over this weekend I have listened to 6 and all were extremely informative and raised issues I never considered before
Jeff (Nashville, TN)
As with the other programs featuring Bart Basi, this one also was excellent - thorough yet concise. Very helpful!
Ward (Memphis, TN)
Well done and very helpful.
BARBARA (NORFOLK, VA)
Extremely valuable and informative
Price: $40.00
Purchase Course (For CE Credit)Earn CLE Credits
General Credits
| State | Credits |
|---|---|
| AK | 1.00 |
| AZ | 1.00 |
| CA | 1.00 |
| CO | 1.00 |
| HI | 1.00 |
| IL | 1.00 |
| ND | 1.00 |
| NJ | 1.00 |
| NY | 1.00 |
| PA | 1.00 |
| TS | 1.00 |
| VT | 1.00 |
Course ( Free )