Taxation of Business Entities
Total Credits: 2.5 including 2.5 Taxes - Technical
- Average Rating:
- 5
- Categories:
- ACPEN Industry Institute | ACPEN Tax Institute | Tax | IRS Approved
- Faculty:
- Allison M. McLeod, LL.M., CPA
- Course Levels:
- Basic
- Duration:
- 2.5 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
This course will introduce you the different types of business entities and the tax implications of contributions, distributions and earnings, among other topics.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Basic Course Information
Learning Objectives- Be able to differentiate between the different types of business entities
- Be able to determine if a business client is using the most tax efficient entity structure based on its business goals.
Major Subjects
- Types of business entities (Sole proprietorship, Partnership, Corporation, Limited Liability Company and Limited Liability Partnership)
- Considerations in choosing a business entity, including taxes, limited liability protection, management & control, funding options & opportunities, tax consequences for the owners and the business.
- Future tax considerations that will impact various business entities.
Course Materials
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase |
Taxation of Business Entities Handout (636.9 KB) | Available after Purchase |
IRS Credit Request (136.5 KB) | Available after Purchase |
Faculty

Allison M. McLeod, LL.M., CPA Related Seminars and Products
Allison M. (Yee) McLeod, LL.M., JD, CPA, is currently a Senior Lecturer at the University of North Texas in Denton, Texas. She received Bachelor of Business Administration and Juris Doctor degrees from Baylor University, and a Master of Legal Letters (LL.M.) degree specializing in Taxation from the Southern Methodist University School of Law. Professor McLeod has also studied British and Art History at the University of Sussex, England.
Prior to joining the UNT faculty in 2010, Professor McLeod held the position of Director of Tax Planning and IRS Audits for Lehigh Hanson North America, a major manufacturer of cement, aggregates and other building materials. Her practice included both federal and international tax planning. Professor McLeod also spent thirteen years specializing in Tax Planning with the JCPenney Corporation, Inc., and two years with Deloitte & Touche in Dallas.
Professor McLeod has taught at the university level graduate classes on Ethics, Tax Research, Multi-jurisdictional Taxation and Corporate Income Tax. She also lectures in Financial Accounting and Individual Taxation on an undergraduate level. She has taught at the UNT College of Law as adjunct faculty and works part-time at the law firm of Grable Martin Fulton, PLLC. Since 2011, Professor McLeod has been honored to present live and on-line ethics CPE classes to CPAs across the nation. She also serves as an expert witness in accounting malpractice cases and maintains a small private practice serving individuals and small businesses. Professor McLeod has also taught at the University of North Texas College of Law as adjunct faculty. She is currently serving on the Professional Ethics Committee of the Texas Society of CPAs.
Professor McLeod is licensed to practice law by the State Bar of Texas since 1992 and has been a Certified Public Accountant since 1993.
Dates
Mon, Mar 31, 2025 - 09:00am to 11:17am CDT
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Fri, Apr 04, 2025 - 11:00am to 01:17pm CDT
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Wed, Apr 23, 2025 - 12:00pm to 02:17pm CDT
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Thu, May 01, 2025 - 06:00pm to 08:17pm CDT
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Tue, May 20, 2025 - 03:00pm to 05:17pm CDT
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Tue, Jun 03, 2025 - 09:00am to 11:17am CDT
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Thu, Jun 19, 2025 - 02:00pm to 04:17pm CDT
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Tue, Jul 01, 2025 - 09:00am to 11:17am CDT
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Mon, Jul 14, 2025 - 11:00am to 01:17pm CDT
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Tue, Aug 05, 2025 - 09:00am to 11:17am CDT
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Tue, Aug 19, 2025 - 02:00pm to 04:17pm CDT
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Tue, Sep 02, 2025 - 09:00am to 11:17am CDT
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Mon, Sep 15, 2025 - 11:00am to 01:17pm CDT
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Tue, Oct 07, 2025 - 09:00am to 11:17am CDT
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Mon, Oct 20, 2025 - 02:00pm to 04:17pm CDT
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Tue, Nov 04, 2025 - 09:00am to 11:17am CST
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Fri, Nov 14, 2025 - 11:00am to 01:17pm CST
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Tue, Dec 02, 2025 - 09:00am to 11:17am CST
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Fri, Dec 19, 2025 - 02:00pm to 04:17pm CST
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Tue, Jan 06, 2026 - 09:00am to 11:17am CST
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Wed, Jan 14, 2026 - 11:00am to 01:17pm CST
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Tue, Feb 03, 2026 - 09:00am to 11:17am CST
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Thu, Feb 19, 2026 - 02:00pm to 04:17pm CST
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Tue, Mar 03, 2026 - 09:00am to 11:17am CST
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Sat, Mar 14, 2026 - 11:00am to 01:17pm CDT
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Tue, Apr 07, 2026 - 09:00am to 11:17am CDT
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Mon, Apr 20, 2026 - 02:00pm to 04:17pm CDT
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Tue, May 05, 2026 - 09:00am to 11:17am CDT
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Thu, May 14, 2026 - 11:00am to 01:17pm CDT
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Tue, Jun 02, 2026 - 09:00am to 11:17am CDT
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Fri, Jun 19, 2026 - 02:00pm to 04:17pm CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.
Original Recording Date 06/2022
Course Developer Allison M. McLeod
Date Added to Catalog 05/17/2022
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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