Corporate Taxation Mastery

Entity selection is one of the most foundational decisions a business owner makes. For attorneys, CPAs and tax professionals advising entrepreneurs, this decision can have far-reaching implications for tax liabilities, legal exposure, business growth, and succession planning. While many businesses start as sole proprietorships by default, that doesn’t mean it’s the best long-term strategy. This course explores entity selection through the lens of legal structure, tax treatment, audit risk, basis planning, and transition strategy, with a sharp focus on 2025 tax law updates and real-world application.

Choosing the right business structure isn’t just a box to check off when starting a business—it’s one of the biggest financial and legal decisions an entrepreneur will ever make. And if you’re the professional helping them through it—whether you’re an attorney, CPA, or tax advisor—you know this decision can shape everything from how they’re taxed, to what happens if they get sued, to how easy (or hard) it is to bring in investors or eventually sell the business.

Now, a lot of business owners take the easy route at the beginning. They hear “LLC” or “sole proprietorship” and jump on board because of their simplicity and lower startup costs. But what they don’t always realize is that these decisions can come back to bite them. Maybe not today—but during an audit, a legal dispute, or when it’s time to file taxes, those early shortcuts can turn into expensive headaches.