Event Calendar

Live Seminar: Issues in Choice of Entity Formation & Business Accounting

Date: August 28, 2008
Time: 8:00a.m.-3:00p.m.

About the Seminar
8:00 a.m.     Breakfast and Networking
8:30 a.m.     Registration
9:00 a.m.     “Common Issues in Formation of Small Business”
                        Robert M. Baldwin, Esquire
                        Baldwin & Associates, LLC, Charleston , SC
 It is essential for CPAs and attorneys to understand the common issues which arise in
the formation and day-to-day operations of a small business.  Mr. Baldwin will discuss
a spectrum of these common issues encountered by CPAs and attorneys in assisting
clients in setting up their business including licensing, property tax, and personal and
corporate taxation issues.
10:00 a.m.     “Choice of Entity in Business Formation”
                        Scott Y. Barnes, Esquire
                       Warren & Sinkler, LLP, Charleston , SC
 South Carolina law affords a wide choice in selecting a business entity, but the form of
entity chosen will determine how the principals of the entity will be treated in the
context of exposure to liability, taxation, fiduciary duties and implication of state
securities laws.  Mr. Barnes will discuss the matrix of available South Carolina
 business entities along with certain key advantages and disadvantages.
11:00 a.m.     Mid-morning Break
11:15 a.m.     “The LLC as a Creditor Protection Vehicle”
                        Professor Brant J. Hellwig
                        University of South Carolina School of Law , Columbia , SC
 The limited liability company is a popular choice of entity in South Carolina , but it is
often misunderstood in the context of liability exposure and protection from creditors.
Professor Hellwig will discuss common misconceptions regarding the LLC entity and
use of the LLC as a creditor protection vehicle.
12:15 p.m.     “General Accounting and Insurance Issues in Acquiring or Selling a Business”
                        Jamin McCallum, CPA, CVA
                        Kirkland , Thomas, Watson and Dyches, LLC, Columbia , SC
                         (Tentative)
Most business deals are accounting-driven and taxation issues, such as the type of
business entities entering into the transaction, must be considered prior to entering
into negotiations in order to prevent surprises and utilize the most appropriate form
of acquisition or disposition.
1:15 p.m.     “Strategic Partners: Building a Referral Base”
                        Jason C. Sweatt, CPA
                        State and Local Tax (SALT) Elliott Davis, Greenville , SC
 1:45 p.m.     Networking Lunch (Included)
3:00 p.m.     Adjourn

Mandatory CLE (MCLE) Credit Hours
This program qualifies for 4.5 MCLE credit hours
This program qualifies for 5.5 CPE credit hours

Click here to register
(SC Bar Member Only)

Event Type: Seminar