Course Selection / Entity Conversions

Entity Conversions

Exam Only
IRS Number: 5KBKR-T-00756-22-S

Available: 04/09/2024

Product Description

This course explains the tax compliance and filing requirements of most types of conversions to and from sole proprietors, SMLLC, MMLLC, S Corporations and C Corporations

**Course was published in 2022**

Prerequisites

1 year tax preparation experience.

Field of Study

Taxes-2.00

NASBA Categories

Taxes

Course Level

Update

Course Objectives

This course is designed to provide step-by-step guidance for tax elections, form requirements and tax attributes of converting sole proprietors to LLCs, S and C Corps; of converting LLC’s back to sole proprietors or S or C Corps; and to convert S corps to sole proprietors, C Corps or LLC’s.

Disclaimer

This course must be completed by 12/31/25 in order for it to qualify for IRS credit.