August 13, 2025

Live Webcast

NYSED 4

Tax Planning for Small Businesses Webcast

August 13, 2025
Live Webcast
NYSED 4

Tax Planning for Small Businesses Webcast

  • View Bio

    Instructor

    Donald
    Cooley

    View Bio

    Donald Cooley

    Bio
    Donald B. Cooley, CPA is a partner in the accounting firm of Cotner, Cooley, Clark & Sharp, LLC. He has over 25 years of public accounting experience specializing in tax, accounting, and management advisory for closely held businesses and individuals. His work experience includes time with local and Big Four accounting firms. He has been an adjunct faculty member at Rio Grande University and has presented a variety of tax topics for Surgent McCoy throughout the U.S over the past three years. Mr. Cooley is a graduate of Ohio University, with a degree in Accounting.
  • • Starting a business
  • the tax life of a business
    • Selecting a business entity type
    • SECURE Act 1.0 and 2.0
    • Section 199A and the qualified business income deduction
    • Accounting methods
    • Compensation of owners
  • hiring family members
    • Reasonable compensation
    • Depreciation, Section 179 and bonus depreciation
    • Transactions with owners
    • Buy-sell and noncompete agreements
    • Exiting the business
  • special exit techniques

Learning Objectives

When you complete this course, you will be able to: • Identify important tax considerations for the small business at each stage of its life.
• Calculate the qualified business income (QBI) deduction, built-in gains (BIG) tax, and the deduction for organizational costs and start-up costs.
• Differentiate the advantages available for small businesses based on entity type.
• Analyze which activities of a taxpayer are subject to self-employment taxes

Major Topics

  • • Starting a business
  • the tax life of a business
    • Selecting a business entity type
    • SECURE Act 1.0 and 2.0
    • Section 199A and the qualified business income deduction
    • Accounting methods
    • Compensation of owners
  • hiring family members
    • Reasonable compensation
    • Depreciation, Section 179 and bonus depreciation
    • Transactions with owners
    • Buy-sell and noncompete agreements
    • Exiting the business
  • special exit techniques

CPE Credits Available

NYSED 4
4
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Advanced

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

Basic knowledge of business taxation

Advanced Preparation

Basic knowledge of business taxation

Intended Audience

Tax professionals with smallbusiness clients

Provider

AICPA

This event has ended.