Choosing or Changing a Business Entity
Greater Long Beach Chapter In-Person Meeting

Date/Time:

Wednesday, November 29, 2023
6:00 PM to 6:45 PM - Registration/Dinner
6:45 PM to 9:00 PM - Presentation

Location:

The "Grand Events Center" Long Beach
The Catalina Room
4101 E Willow St
Long Beach, CA 90815

Topic: 

Choosing or Changing A Business EntityEntity selection can be a critical decision for businesses. In this class we’ll contrast the basic business entities – Sole Proprietorships, General Partnerships, LLCs, C Corporations, and S Corporations – by looking at filing requirements, liability and taxes for each. We’ll examine the advantages and disadvantages of each entity and identify favorable entity choices for different situations.Then we’ll look at how, and if, an entity can change its selection and become a different entity. We’ll compare the different entities in dissolution, and consider the tax effects of each. Finally, we’ll identify which changes can be made by each entity, summarized in a simple chart.

Presenter(s):

Linda Dong, EA
Linda Dong graduated with honors from the University of Illinois in Chicago with a degree in Accounting. She went to work for the IRS, where she received a very thorough training in taxes and began auditing corporations. Not liking the adversarial relationship inherent in tax audits, Linda left the IRS and started a tax and accounting practice from her home. She grew her practice to include four employees, but eventually downsized and is now once again a sole practitioner working out of her home office. She provides tax and accounting services to individuals, small businesses, and nonprofit organizations. Linda has been an Enrolled Agent (EA) since 1982. Her credentials from the Accreditation Council of Accountancy and Taxation include Accredited Business Accountant (ABA) and Accredited Tax Advisor (ATA). She is a QuickBooks ProAdvisor and frequently teaches classes in accounting and tax to other professionals. Linda is currently serving as First Vice President of the California Society of Tax Consultants and Secretary-Treasurer of the Wine Country Chapter.

CPE Information:

2 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01915-23-I
CTEC: 1000-CE-5356

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Registration Fee (Member): $40
Registration Fee (Non-Member): $70

Please contact Dennis Kaho to make your reservation to this CSTC Greater Long Beach Chapter continuing education meeting. Email reservations may be made to Shobha at the following: or [email protected] or by phone (562) 441-6724. If you wish a non meat dinner, please mention this at the time that your reservation is made so we can convey this to the staff of the "Grand".

Cancellation and Refund Policy: 
Written cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.