Day 1:
- Business planning with S Corps and drafting S stockholders’ agreements
- Counseling clients on choice of entity considerations of S Corps v. LLCs/partnerships
- Capital structure issues – restrictions on types of debt and equity
- Who qualifies as an eligible S Corp stockholder
- Transferability of interests and restrictions to preserve S Corp status
Day 2:
- Understanding tax benefits (and traps) of S Corps
- Distribution planning in S Corps – tax advantages/disadvantages of withdrawing money as salary or distributions
- Incentive compensation issues, including fringe benefits and restrictions on deductibility
- Planning for the merger or sale of an S Corp into another S Corp, LLC or C Corp
Faculty: Frank Ciatto, Venable LLP, Washington, D.C. and James DePaoli, Venable LLP, Washington, D.C.