2026 Getting Cash Out Of Your Business

Description

This mini-course examines the various ideas, methods, and techniques capable of optimizing the overall compensation package for key employees and principals in small to medium-sized businesses. Qualified and non-qualified deferred compensation, benefit targeting, insurance programs, statutory fringe benefits, interest-free loans, and investment planning are investigated. Consideration is given to indirect compensation in the form of business entertainment, expense accounts, auto use, travel, and transportation. The field of professional services is poised to provide tax, financial, and estate planning to the key executive.

Learning Objectives
Upon completion of this course, you will be able to:
budgeted into cash so that income-producing assets can be acquired and managed for an effective investment plan.
2. Determine compensation strategies to maximize the net dollar return, specify the differences between qualified deferred compensation plans and nonqualified deferred compensation plans, and recognize defined contribution plans from defined benefit plans, identifying the characteristics of each.
3. Recognize the scope and variety of excluded fringe benefits, including tax treatment, operational details, and level of incentive-based compensation.
4. Identify the disallowance of entertainment expenses, determine the tax treatment of reimbursements paid under accountable and unaccountable plans, and recognize deductible travel expenses undertaken for business.
5. Specify types of insurance that a company can provide its employees, define the various types of equity participation available from which companies may choose, and identify the basic types of buy-sell agreements.
After studying the materials, answer exam questions 1 to 15.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.

A course evaluation form is provided for your feedback and participants have 1 year from the date of purchase/enrollment to complete this course .

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/