to receive member fee.
Take your expertise to the next level and learn how to solve the complex issues of partnerships, limited liability companies (LLCs) and S Corporations. Explore the allocation of basis in debt, step-up in basis upon transfer, disguised sales, deemed distribution issues, reallocation of depreciation and more as they relate to partnership and LLC tax laws and transactions. Answer your tough S Corporation questions as you examine shareholder basis, reasonable compensation, trusts as S Corporation shareholders, C Corporation earnings and profits, special calculations when terminating or revoking elections, Qsubs and more. Plus, gain clarity on the important differences between S Corporations and partnerships.
CPAs and tax professionals who advise clients on pass-through entity transactions and tax compliance