Webcast
Entity Choice After OBBBA
A practical, side-by-side guide to choosing between LLCs, S corps, C corps, partnerships, and sole proprietorships under post-OBBBA rules—focused on what actually changes the tax result (QBI, SALT/PTET, and the 21% corporate rate).
$49.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
1 Credits: Taxes
Course Level
Overview
Format
Webcast
Course Description
Choosing the right entity is never just a checkbox—and “OBBBA-era” rules make the tradeoffs sharper. In Choice of Entity After OBBBA, Alice Orzechowski walks through the core options (sole proprietorship, partnership, C corporation, S corporation, and LLC) and the practical tax and non-tax considerations that tend to decide the outcome, with a clear bias toward keeping things simple when the facts allow it.
You’ll compare how key post-OBBBA dynamics play out in real planning: the 21% corporate rate, the SALT limitation (and where PTET can help), and the mechanics—and limits—of the QBI deduction (including wage/UBIA constraints and SSTB restrictions). This CPE webcast also covers common “gotchas” that drive structure decisions, like reasonable compensation in S corps, treatment of personally paid business expenses under current itemized deduction rules, and how entity elections work in practice (including timing, the 60-month limitation, and late-election paths).
Learning Objectives
After completing this course, participants will be able to:
- Identify the primary tax and non-tax factors that drive entity selection among sole proprietorships, partnerships, C corporations, S corporations, and LLCs.
- Evaluate how the post-OBBBA SALT limitation impacts pass-through owners and explain when PTET may improve deductibility.
- Apply QBI deduction concepts to entity choice, including threshold effects and the impact of SSTB classification and wage/UBIA limitations.
- Distinguish entity-level versus owner-level tax implications of the 21% corporate tax rate when a business expects to retain earnings for growth.
- Describe compliance and reporting differences across entity types, including core federal forms and payroll reporting considerations where applicable.
- Explain default LLC tax classifications and outline the process and timing requirements for making or changing entity elections (Forms 8832 and 2553), including common limitations and late-election considerations.
Course Specifics
WC1826466734
February 4, 2026
None
None
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02771-26-O
IRS Federal Tax Law Credits: 1
CTEC Course Number: 2071-CE-02214
CTEC Federal Tax Law Credits: 1
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Alice Orzechowski, CPA, CMA, EA, was born and raised in Washington, DC. She holds BS degrees in Economics and Accounting from the University of Maryland, and an MS in Administration and Management from Hood College. She is licensed as a Certified Public Accountant, Certified Management Accountant, and Enrolled Agent. Alice has provided advice on tax-related matters in The Washington Post, The Frederick News Post, in various AARP publications, and on Wall Street Journal Radio, CNN, and Today’s Woman Television and is a national speaker on tax topics. Alice earned the CPA accreditation in 1976, and over the course of her …
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