NASBA Field of Study
Business owner considerations
Recent tax provisions
Analyze important entity considerations in the current environment.
Compare the differences in the definition of basis and associated tax implications for various types of entities.
Identify tax planning opportunities based on selected entity.
Differentiate business owner compensation types based on the entity selected.
Analyze reasonable compensation rules for C corporations and S corporations
Identify valuation discount opportunities in the current environment.
Apply succession planning techniques.
Distinguish different types of loans available to businesses to ensure business continuity.
Identify certain tax provisions that may be used to generate quick cash.
Determine bank, lease, and vendor renegotiating opportunities in the current environment.
Use market’s low interest rates to take advantage of refinance and investment openings.
CPAs in private practice
Other qualified professionals
Small business owners