[Free] Us Cpa Reg Business Structure

US CPA REG Business Structure – Free Course

Added on March 26, 2025 Finance & Accounting 2 min read

What you’ll learn

In this video series, we will discuss:
How to determine if a business qualifies as a partnership
Management, decision-making, and profit-sharing in partnerships
Process of dissolving a partnership and settling liabilities
Rights, responsibilities, and authority of partners
Stages of a corporation: Formation, operation, and termination
Governance structure: Shareholders, directors, and officers
Legal and financial obligations in corporate management
Dissolution methods: Mergers, bankruptcy, and voluntary closure

Requirements

Basic taxation knowledge is recommended but not required.

Description

Understanding business structures is crucial for tax professionals navigating the complexities of U.S. regulations. This course provides a deep dive into partnerships and corporations, covering their formation, management, and dissolution from a taxation perspective.

What You’ll Learn:

How to determine if a business qualifies as a partnership
Management, decision-making, and profit-sharing in partnerships
Process of dissolving a partnership and settling liabilities
Rights, responsibilities, and authority of partners
Stages of a corporation: Formation, operation, and termination
Governance structure: Shareholders, directors, and officers
Legal and financial obligations in corporate management
Dissolution methods: Mergers, bankruptcy, and voluntary closure

Course Overview:

This course is designed for taxation professionals looking to strengthen their understanding of business structures under U.S. CPA regulations. You’ll explore partnerships, focusing on their formation, rights and obligations of partners, profit-sharing, and dissolution. Additionally, you’ll gain insights into corporations, including governance, legal responsibilities, and termination methods.

Each module includes detailed explanations, real-world examples, and practical insights to help you grasp key taxation principles related to business structures.

Who Should Take This Course?

CPA candidates preparing for the REG exam
Tax professionals handling business entity taxation
Legal and finance professionals dealing with business structuring
Anyone looking to understand the taxation aspects of partnerships and corporations

Author(s): CPA & CA Kamal Chhabra