Finance SIG - Is a Professional Corporation Structure Right for your Firm?
Description
Is a Professional Corporation Structure Right for your Firm?
Are you paying too much tax to the Government? Is your capital at risk? Are your partners taking tax risks that could affect you?
The use of a "Professional Corporation" can result in annual tax savings, the deferral of income taxes, increase estate planning opportunities for partners, allow for securitizing your capital and can make your firm more attractive when considering future partners and associates.
This session will help you:
* Determine the potential tax savings;
* Understand how to securitize your capital;
* Understand the pro's and con's of a PC; and
* Assess the potential risks associated with this structure.