About the Course
Introduction
This CLE/CPE webinar will provide attorneys and advisers guidance on the taxation of pass-through entities and maintaining tax compliance. The panel will discuss the basics of taxation of LLCs, partnerships, and S corporations, key federal tax provisions, determining the best tax election and its implications, the impact of entity taxation on operating agreements, and recent developments in tax law impacting pass-through entities.
Description
Taxpayers are utilizing more and more pass-through entities based on a variety of operational and tax advantages provided by these structures under the IRC. As a result, tax advisers and counsel must be prepared to advise entity owners and members in determining the best entity classification and various tax law requirements for newly created forms of pass-through entities.
A critical component of structuring a pass-through entity is determining the entity's classification under the check-the-box tax election rules. Whether or not to elect to be taxed as a partnership vs. S corporation for LLCs involves careful consideration of a variety of factors for taxpayers. Counsel and advisers must understand the applicable tax rules and identify potential tax issues when advising clients to optimize tax savings for partnerships, LLCs, and S corporations.
Listen as our panel discusses the basics of taxation of LLCs, partnerships, and S corporations, determining the best tax election and its implications, the impact of entity taxation on operating agreements, and recent developments in tax law impacting pass-through entities.
Presented By
Mr. Teichman brings over 25 years of experience as a trusted resource for tax, corporate and estate planning clients. Known for his strategic thinking and thorough advice, he efficiently advises clients seeking tax advice on energy-related transactions. Mr. Teichman also advises on general tax matters for private business transactions and tax controversies. He has extensive experience representing pass-through entities in tax credit transactions, as well as real estate developers, start-up fundraisers, not-for-profits, franchisees, multi-unit business owners and various other professionals. Mr. Teichman advises businesses on day-to-day tax matters and provides corporate advice and guidance during the process of buying or selling a business. He has successfully advocated for clients before the Internal Revenue Service in administrative and federal court proceedings and before Florida taxing authorities and Florida courts.
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This 60-minute webinar is eligible in most states for 1.0 CLE credits.
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CPE credit is not available on recordings.
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BARBRI is a NASBA CPE sponsor and this 60-minute webinar is accredited for 1.0 CPE credits.
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BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).
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Date + Time
- event
Thursday, January 29, 2026
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Basic tax structure of partnerships, LLCs, and S corporations
II. Check-the-box election rules; key factors to consider
III. Operating agreements; key tax provisions
IV. Reporting requirements and maintaining compliance
V. Impact of OBBBA and IRS guidance
The panel will discuss these and other key issues:
- What are the key considerations in determining the check-the-box tax election?
- What are the tax issues for LLCs electing to be taxed as a partnership vs. an S corporation?
- What tax provisions must be included in operating agreements to align with the tax election?
- What are the reporting requirements, and how can taxpayers maintain compliance?
- What other issues must be considered in light of the One Big Beautiful Bill Act?
Learning Objectives
After completing this course, you will be able to:
- Recognize key tax issues when structuring LLCs, partnerships, and s corporations
- Identify key tax issues when drafting operating agreements for LLCs
- Understand the tax reporting requirements of pass-through entities
- Ascertain methods for maintaining tax compliance for multistate pass-through entities
- Field of Study: Taxes
- Level of Knowledge: Intermediate
- Advance Preparation: None
- Teaching Method: Seminar/Lecture
- Delivery Method: Group-Internet (via computer)
- Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
- Prerequisite:
Three years+ business or public firm experience at mid-level within the organization, preparing complex tax forms and schedules, supervising other preparers/accountants. Working knowledge of partnership/corporate structure, choice of entity tax fundamentals, state/local tax compliance, partnership and corporate income taxation.
BARBRI, Inc. 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 Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.
BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).
BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .
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