Surgent's LLC Operating Agreements Workshop (Self-Study)

Code: JSDLLLCW

Date Valid for one year from purchase date
Format Self-Study (Downloadable PDF)
CPE credits CPE 8.0
Field(s)
of study
Taxes - Technical (8.0)
Fees
Standard member fee $125.00
checkmarkStandard nonmember fee $125.00

Members: Please log in to receive member fee.

Description

In this course we will cover in depth the many complex considerations involved in utilizing and strategically structuring the partnership and operating agreements for Subchapter K entities to meet the business goals of the entity while minimizing the tax burden for the entity and its members. You will come away with a comprehensive understanding of the key issues to consider, the tax consequences of various drafting and structuring choices, tax audit considerations, and planning strategies.

Who should take this program?

CPAs who advise LLCs and partnerships on issues related to entity selection, formation, and tax strategy

Major subjects

  • Capital contributions
  • Capital accounts
  • Profits and loss allocations
  • Distributions
  • Transactions between partners and partnerships
  • Liquidation
  • Tax audits

Learning objective(s)

  • Understand the tax considerations involved in utilizing and structuring partnership and operating agreements
  • Be able to analyze structuring options and identify pros and cons relative to entity goals and entity/member tax impacts

Notes:

Course code Code JSDLLLCW
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Self-Study (Downloadable PDF)
Prerequisites Prereq. Some experience with, and a working knowledge of, Subchapter K taxation
Advance
prep
None