21SR-0045: The Top Five Tax Issues in Dealing With LLCs and Partnerships (Virtual)
If you have questions about this event, please call us at 952-831-2707.
Thursday, October 28, 2021
1:00pm - 4:30pm Central Time
4 CPE (4 technical) | 4 IRS CE
Partnerships and LLCs come with unique tax problems that require careful attention. Learn about critical tax issues related to partnerships and limited liability companies, with a focus on planning opportunities and how to avoid pitfalls.
Major subjects
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Important provisions of the Tax Cuts and Jobs Act of 2017, including final Section 199A regulations and impacts
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Self-employment tax issues -- what you can and cannot do
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Capital accounts -- book vs. tax issues
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Determining basis -- key issues and technical analysis in calculating basis
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Dealing with debt -- recourse, nonrecourse and why it matters
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Guaranteed payments, distributive shares and draws -- understanding the difference
Learning objective(s)
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Identify Section 199A issues
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Identify and distinguish guaranteed payments and distributive shares
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Understand the relationship between capital account maintenance and outside basis adjustment
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Define various kinds of partnership liabilities and explain the tax consequences of each
Who should take this program?
CPAs and tax advisers involved with LLC and partnership tax planning
Fees
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you are a
nonmember.
If you register, you will be charged
$245.00
(Standard Nonmember Fee).
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|
Standard Member Fee |
$195.00
|
 Standard Nonmember Fee |
$245.00
|
