Total Credits: 2 including 2 Taxes - Technical
Policy compliant management company C or S corporation ESOP structures offer several advantages when cast in a Section 409(p) policy compliant economically substantive succession plan. As it turns out, Section 409(p) policy compliance coalesces insurable interest doctrine policy considerations. The result proves awesome. Extant life insurance policy cash values and future life insurance premiums effectively transform into pre-tax costs while the death benefit remains tax-free. This paper explains.
C versus S Corporation Leveraged ESOP Distinctions
The Management Company C and S Corporation ESOP Structure
Life Insurance Funded Economically Substantive Succession Planning Management Company ESOP Structures
The Insurable Interest Doctrine
**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 firstname.lastname@example.org.
*Recognize retirement plan characteristics that correctly distinguish ESOPs from all other retirement plans
*Recognize Professor Simons’ Four Levers and the Balanced Scorecard’s Four Perspectives correctly distinguish the Economically Substantive Succession Planning Four Stages
*Recognize the Section 409(p) impounded economically substantive succession planning policy compliance conclusive presumption is an affirmative defense to Section 404(k)(5)(A) substance over form IRS C corporation reasonable applicable dividend challenges
*Recognize Section 409(p) impounded economically substantive succession planning policy compliance and insurable interest doctrine policy compliance correctly occupy the same Four Stages space when measured against the limits of the entrepreneur’s semi-retirement, complete retirement, and physical life
*General Employee Stock Ownership Plan (ESOP) characteristics
*Hierarchical quaternary order economically substantive succession planning management control system strategies and definitions: The Entrepreneurial Stage, The Protectionist Stage, The Separate Entity Stage, & The Social Policy Stage
*Section 409(p) economically substantive succession planning policy continues contributions to America’s productivity beyond the limits of the entrepreneur’s semi-retirement, complete retirement, or physical life
*C and S corporation leveraged ESOP distinctions
*Reasonable C corporation leveraged ESOP loan repayment applicable dividends and the Section 409(p) impounded economically substantive succession planning policy compliance conclusive presumption affirmative defense
*The insurable interest doctrine
*Coalescing Section 409(p) impounded economically substantive succession planning and insurable interest public policies
|Jenkins_Credentials (0.09 MB)||5 Pages||Available after Purchase|
|Management_Company_ESOP_Structures_Slides (2.69 MB)||Available after Purchase|
|Management_Company_ESOP_Structures_Article#1 (0.54 MB)||Available after Purchase|
|Management_Company_ESOP_Structures_and_the_Insurable_Interest_Doctrine (0.71 MB)||11 Pages||Available after Purchase|
|Management_Company_ESOP_Structures_Balanced_Scorecard (0.90 MB)||Available after Purchase|
|Management_Company_ESOP_Structures_Simons_Four_Levers_Article (2.46 MB)||Download|
|Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB)||Available after Purchase|
|IRS CE Credit Request Form (0.15 MB)||Available after Purchase|
David Randall Jenkins, Ph.D., received his doctorate in accounting and a master’s in accounting with an emphasis in tax from the University of Arizona. He has taught financial, managerial, and tax accounting courses at both the graduate and undergraduate levels. Dr. Jenkins is an AACSB academically qualified business school and tax professor owing to his peer reviewed journal article publications. His company, Algorithm LLC (algorithm-llc.com), is an IRS Approved Continuing Education Provider. Dr. Jenkins may be contacted at email@example.com.
This webcast is an intermediate continuing education webcast.
It is assumed the webcast participant has achieved the following related webcasts in advance of this webcast: Retirement Plan Management and Investment Risk Diversification Standards, Management and Investment Risk Diversification Indices, Prohibited Transaction Chinese Walls, Problematic Self-Directed Retirement Plan Activities, Changing ERISA’s Disqualified Person Criterion, Got Your Assets Covered, Resolving the Passive Custodian Paradox, Section 409(p)’s Economically Substantive Succession Planning Policy Implications
*Enrolled Retirement Plan Agents
*Self-directed Retirement Plan Fiduciaries, Custodians, and Administrators
*Self-directed Retirement Plan Account Holders
*Tax Return Preparers
David Randall Jenkins
Group Internet Based
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
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