Business Entity Planning Library S corporations, partnership and LLCs tax planning and preparation
The Business Entity Planning Library on IntelliConnect™ is a unique combination of convenience and expertise in analyzing and comparing the primary business entities used by small and medium-sized businesses. The Library combines the in-depth explanations, primary sources and powerful research technology you need to conduct business entity research quickly and efficiently as well as preparation for S corporations tax planning, partnership tax planning and LLC tax planning.
Superior explanations of primary entity structures, along with analysis and planning insights from practicing industry experts and CCH tax editors, give you a firm understanding of each entity. You get the breadth and depth of the CCH S Corporations Guide, Limited Liability Company Guide and Partnership Tax Planning and Practice – all with their related newsletters – in one comprehensive and convenient online source.
The Library provides comprehensive explanations of the primary entity structures
The necessary supporting authority is included to help you make well-informed decisions – the Internal Revenue Code, federal tax regulations, IRS Rulings, case law and other relevant federal and state material.
The Choice of Entity at a Glance feature presents a concise overview that compares the entities, offers explanations of the advantages and disadvantages of each business entity, and more.
The S Corporations Guide supplies comprehensive analysis of the tax laws that apply to S corporations and their shareholders. It provides information for those considering an S corporation election as well as S corporations looking for on-going tax guidance.
The practice-oriented Limited Liability Company Guide is a comprehensive LLC tax planning guide arranged in a topical format and offers guidance on federal income tax planning and compliance issues, as well as state tax and business law requirements.
Partnership Tax Planning and Practice combines all of the necessary elements for comprehensive federal tax planning for partnerships and other passthrough entities. This guide contains up-to-date, comprehensive coverage of tax issues that could impact partnerships and LLCs, with tax planning and practice ideas integrated throughout the explanations. This examination of the partnership entity is written by CCH tax law editors in collaboration with renowned consultant and tax attorney Charles R. Levun.*
* Charles R. Levun, JD, CPA. is a partner in the Chicago-area law firm of Levun, Goodman & Cohen, LLP, and an adjunct professor of law at the Illinois Institute of Technology Chicago-Kent Graduate Tax Program.
NEW! Smart Charts™ — the Choice of Entity Smart Chart allows you to quickly and easily compare corporations, LLPs, multi-member LLCs, partnerships, and S corporations on 21 issues related to federal tax treatment and 12 factors relating to organization under state law. Plus, the answers provide links to authority and CCH explanations.
Monthly newsletters – Keep you up to date on the latest changes and developments for each entity so you're always current with LLC or partnership tax planning issues
Fast links – Connect you to all critical primary sources
NEW! Interactive Decision Trees — let you narrow your focus on issues like determining the tax status of an entity under the Internal Revenue Code
Partnership Taxation Questions and Answers – find quick answers to over 100 questions dealing with contributions to a partnership, transactions between a partner and the partnership, disposing of an interest, family partnerships and more. The answers include links to authority and CCH explanations.
NEW! Checklists —assist you with entity formation, partner and partnership elections, and decisions, such as if a partnership is eligible to use the cash method or if an activity is considered passive
Primary sources – Provide full text of each entity type:
Internal Revenue Code
Federal Tax Regulations
IRS Rulings
Federal Court Decisions
Committee Reports
Other Practice aids – Help you work more productively:
Sample Partnership Agreements that assist in partnership tax planning
Sample Operating Agreements
Compliance Guidance by Topic
Summaries of LLC statutes and other laws that impact LLC tax planning for all 50 states and the District of Columbia
Frequently updated charts comparing state LLC and LLP acts
State filing requirements and fees for all 51 jurisdictions
