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-2.00NASBA Categories
TaxesCourse Level
UpdateCourse 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.