Total Credits: 2 including 2 Taxes - Technical
Too many times on the independent contractor sites (e.g., Upwork, Outsource, Freelancer, and Thumbtack) ads are posted by eager entrepreneurs soliciting proposals for a business plan where the intent it to raise funds from passive investors. The ageless Howey proposition remains: an investment contract involves i) an investment of money, ii) in a common enterprise, and iii) where profits are derived solely by the efforts of others. It may prove to be a hard lesson when the unwary upstart’s project fails to pan out and federal and state agencies investigate for securities violations. This webcast helps business plan consulting professionals distinguish between passive and active business management factors that distinguish protected by securities laws from those that are not. The former requires a Private Offering Memorandum and not a business plan. The latter requires business partner acknowledgements in the business plan to protect the business plan consulting professional from claims of aiding and abetting violations of federal and state securities laws.
Syllabus
Lesson 1.
Introduction
Lesson 2.
Elements of a Private Offering Memorandum
Lesson 3.
Business Plan Elements: The SBA Format
Lesson 4.
Securities Law Violations and Defensive Business Plan Acknowledgment
Lesson 5.
Conclusion
*Recognize elements of a Private Offering Memorandum correctly center on risk disclosure and misrepresentation or material omission avoidance
*Recognize elements of a business plan correctly convey investigations into expected venture outcome
*Recognize a business plan and Private Offering Memorandum elements target different objectives and, as such, a business plan is correctly not a substitute for a Private Offering Memorandum
*Recognize the tax code’s material participation requirements correctly coalesce a conclusion the investor’s venture investment interest is not protected by federal or state securities laws
*Recognize business partner factual averment acknowledgements in the business plan correctly protect consulting professionals from aiding or abetting federal or state securities law violations
*The definition of a security
*Elements of a Private Offering Memorandum
*Business plan composition: The SBA format
*Tax code material participation requirements
*Business plan requirements: securities law violations and defensive client acknowledgements
Jenkins_Credentials (0.09 MB) | 5 Pages | Available after Purchase |
Successful_Business_Plan_Composition_1_Slides (1.58 MB) | Available after Purchase |
IRS CE Credit Request Form (0.15 MB) | Available after Purchase |
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
David Randall Jenkins, Ph.D., received his doctorate in accounting and a master’s in accounting with an emphasis in tax from the University of Arizona. He has taught financial, managerial, and tax accounting courses at both the graduate and undergraduate levels. Dr. Jenkins is an AACSB academically qualified business school and tax professor owing to his peer reviewed journal article publications. His company, Algorithm LLC (algorithm-llc.com), is an IRS Approved Continuing Education Provider. Dr. Jenkins may be contacted at tucjenkins@aol.com.
This webcast is an intermediate continuing education webcast.
It is assumed the webcast participant has achieved basic business plan writing skills and understanding
Purchase and read journal article relating to course, and Review the Course Materials.
*CPAs
*Attorneys
*Enrolled Agents
*Enrolled Retirement Plan Agents
*Self-directed Retirement Plan Fiduciaries, Custodians, and Administrators
*Self-directed Retirement Plan Account Holders
*Tax Return Preparers
*Financial Planners
*Business Consultants
10/27/2016
No
David Randall Jenkins
10/12/2016
Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Group Internet Based
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