Business Builders Workshop: Business Entity Taxation and Understanding Taxation on Gifts and Estates

Business Builders Workshops bring entrepreneurs and industry specialists together to answer real questions that small businesses face. This FREE event is proudly brought to you as a collaborated effort of SBA resource partners: we are here to serve you!

Topic: Business Entity Taxation and Understanding Taxation on Gifts and Estates

Description: The session will cover two key areas of taxation. First, we’ll compare how income and self-employment taxes are applied across different business entities, including sole proprietorships, partnerships, C corporations, S corporations, and LLCs. Second, we’ll take a closer look at the taxation of gifts and estates, highlighting annual and lifetime exemptions and what they mean for business owners and individuals planning for the future.

Presented by: Ken Bulie, a SCORE Mentor

Co-hosted by:

North Dakota Small Business Development Centers
North Dakota Women’s Business Center
Minnesota Small Business Development Centers
SCORE Mentors
Veterans Business Outreach Center of the Dakotas
U.S. Small Business Administration