Reducing a Business Owner Client's Exposure to Social Security and Self-Employment Taxes (REXE)
December 10th, 2025 - December 10th, 2025 @ 10:50AM-12:30PM
| Member Price |
$109 |
| Non-Member Price |
$139 |
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Credits
2
Description
Many business owner clients wish to minimize their Social Security and self-employment tax liabilities. This course provides tax practitioners with the background to understand what kinds of income constitute self-employment income and earned income. It covers strategies that can be used to reduce clients' exposure to the self-employment tax and Social Security tax.
Objectives
Determine when avoiding earned income/SE income works favorably for the client Understand how hiring a spouse and/or child helps reduce self-employment tax Differentiate between income treated as self- employment income and income that is not self-employment income
Major Subjects
Section 1402(a)(1) exclusions from the definition of self-employment income Application of the SE tax to members of limited liability companies Taking a self-employed owner's health insurance deductions against self-employment tax How using the S corporation and the MMLLC treated as a partnership can help reduce an individual's exposure to self-employment tax How hiring a spouse and/or child helps reduce self-employment tax Differentiating between income treated as self- employment income and income that is not self-employment income
Prerequisites
Basic knowledge of individual income tax
