To register for this event please see registration instructions in the description.

 

Date(s):

04/23/2026

Registration Open:

6:00 PM - 6:00 PM

Time:

6:00 PM - 9:30 PM

Meeting Type:

Chapter Events

CPE Credit:

2.00

Field(s) Of Study:

Business Law (1.00), Taxes (1.00)

Level of Knowledge:

Overview

Price:

Member: $40.00
Nonmember: $40.00

Individual Discounts:

Not Available

Group Discounts:

Not Available

Overview

DISCUSSION: BUSINESS ISSUES BETWEEN CPA, LAWYER & BUSINESS OWNER

Join us as Nancy Fallon-Houle (Velocity Law), business lawyer in Homer Glen returns for another lively discussion of a Smorgasbord of Business Issues to Discuss Between CPA, Lawyer, and Business Owner (Before a Business Formation, Business Sale, and Business Partner Changes). Some of the topics include:

·         Legal Reasons not to use “LLC Taxed as S Corp”

·         Business Formation Tax and Entity type decisions With Future Legal Implications

·         Why Lawyers can’t fix bad capital structure

·         Entity Type Options for Business That Might Later Have Investors

·         Describing Changes to Partnership Capital Accounts and basis in LLC and LP Agreements

·         CPAs, please consider the legal cost of implementing complex tax structure /strategies for a smaller business

·         Selling a Business and Buying a Business

·         More Owners = More Complex and Costly Voting Process

·         Formation considerations: State, Entity type, Name Search, Payroll consequences

·         Discuss Among us all whether FEIN Change required for Change of Entity Type vs a Merge & Dissolve Entities

Nancy is a small business lawyer for small to mid-sized businesses providing support including business formations, governance, operating documents, equity issuances, shareholder and partner agreements, business contracts, business sale or buy transactions, (M&A), securities law matters. Nancy helps the business owner with start-up, prepare for growth, or for an exit.

Everyone is welcome.

When? Thursday April 23, 2026

Where? Mama Vesuvio East; 6361 College Drive (Route 83) Palos Heights, IL

Cost? Pay by cash or check at the door to ILCPAs. $40 Dinner & Program,

includes 2 cocktails & CPE. $20 Program (CPE only)

Dinner & Program Attendees

Registration & Networking: 6:00 pm

Cocktails: 6:30 pm

Dinner: 7:00 pm

Program: 7:45 – 9:30pm

CPE: 2 hours (pending)

RSVP: via email registration to: [email protected]

Speaker(s)

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