309Course · Practitioner

Taxes for the Operator

The tax code as a strategic input.

The Course

Business tax is a strategic input, not a compliance chore. This course teaches the moves every operator should understand and the moves that require a specialist.

You will finish able to work productively with a CPA and to detect the mistakes most operators make.

Outcomes

01
Distinguish personal from business tax.
02
Optimize entity taxation over a decade.
03
Work productively with a CPA.

Prerequisites

— 109 — Taxes.
— 308 — Legal for the Operator helpful.

Pacing

1 week · ~3 hours.

IModule · ~1.5 hours.
Business tax basics
The moves every operator should understand.
The core moves that shape the tax outcome for a small business.
What You Will Be Able To Do
- — Distinguish pass-through from C-corp taxation.
- — Apply QBI where it fits.
- — Choose salary and distribution levels defensibly.
Why here
The default tax outcome is rarely the best one. This module changes the default.
1. 01Pass-through vs. C-corp taxationArticle12m
2. 02QBI, in detailArticle12m
IIModule · ~1.5 hours.
Advanced levers
The strategies worth a specialist.
The strategies that require a specialist — but that you must know to ask for.
What You Will Be Able To Do
- — Understand cost segregation.
- — Set reasonable compensation honestly.
- — Know when to hire the specialist.
Why here
Knowing what to ask for is the operator's tax skill.
1. 01Cost segregationArticle12m
2. 02Reasonable compensationArticle12m

A Note from the Faculty

The right entity structure, chosen at the right time, is worth more than any single tax return.