CLE Catalog Spring 2016

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LLC Formations in Arkansas: A Comprehensive Approach

TO BE RESCHEDULED This program is designed to identify and address all of the key legal issues in forming Arkansas LLCs. The morning session will address the most important non-tax considerations in crafting the LLC in order to achieve the client’s goals, emphasizing the great flexibility available in this form of enterprise. The afternoon session will address in plain English the mysteries of LLC tax issues for non-tax lawyers and for accountants who know federal tax and want to increase their understanding of LLC tax.

May 13, 2016 8:30 a.m. - 4:00 p.m. Arkansas Bar Center 2224 Cottondale Lane Little Rock, AR 72202

Morning Session: LLC Formations—Non-Tax Considerations • The Arkansas LLC Act—Overview • Making a Non-Tax Choice of Entity Analysis • Contributions, Allocations, and Distributions • LLC Management, Including Fiduciary Considerations • Membership Rights—Acquisition and Transfers • End-Game Issues Lunch (Provided) Afternoon Session: LLC Formations—Tax Considerations • Overview of Tax Tasks in Forming LLCs • The Check-the-Box Regulations—The Foundation of LLC Tax • How to Choose the Best Federal Income Tax Regimen for an LLC for Federal Income Tax Purposes • How to Choose the Best Federal Income Tax Regimen for an LLC for Social Security Tax and Medicare Tax Purposes • Important Tax Provisions in LLC Operating Agreements for Single-Member and Multi-Member LLCs • Statutory Conversions of Corporations to LLCs—Overview of Arkansas Business Organization Law and Federal and State Tax Law • Ethical Issues in Handling Tax Issues in LLC Formations (60 consecutive minutes)

6.0 CLE HOURS includes 1.0 Ethics Hour Member Cost Online by 5/6

$265

Mailed/Faxed by 5/6

$285

Onsite after 5/6

$300

Non-member

$335

Register at the door after May 6

John M. Cunningham is of counsel to McLane, Graf, Raulerson & Middleton, P.A., Manchester, NH. He is the author of Drafting Limited Liability Company Operating Agreements, the leading U.S. LLC formbook and practice manual, published by Wolters Kluwer Law & Business. He has taught numerous seminars on LLC law, tax and practice to bar associations and other groups nationwide.

Thank You to our Sponsors Section of Taxation Business Law Section Probate and Trust Law Section Security Law Section

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CLE Catalog Spring 2016 by Arkansas Bar Association - Issuu