Tax Forms Boot Camp: LLCs, Partnerships and S Corporations
Space is available, but online registration has closed. Please call 952-831-2707 to register.
Wednesday, January 16, 2019
Minnesota Society of CPAs
1650 W 82nd St Ste 600
Bloomington, MN 55431-1458
Map & directions
8.0 IRS CE approved
Taxes - Technical (8.0)
Standard member fee
Standard nonmember fee
to receive member fee.
Shape up your tax form knowledge with this in-depth training. Get the guidance you need to prepare S Corporation, partnership and limited liability company (LLC) tax returns and explore the laws and regulations that apply to these entities. Find out how to handle common tax issues and come away with a solid understanding of how to prepare Form 1120S and Form 1065, as well as Schedules M-1, K and K-1 for both forms.
Who should take this program?
All levels of CPAs and tax professionals in public practice, and industry CPAs working within LLCs, partnerships and S Corporations
Operating a business as a partnership vs. an LLC vs. an S Corporation -- tax consequences, opportunities and pitfalls
Income tax laws for S Corporations -- eligibility, election, tax return preparation, stock basis and loss limitation issues
How to handle special pass-through income and expense items
How to prepare S Corporation returns and reconcile book income to taxable income
How to prepare partnership returns and reconcile book income to taxable income
How to handle the tax treatment of distributions to shareholders, partners or members
Restrictions and sanctions for tax year-end selection
Basics of partnership and LLC formation and basis calculation
How self-employment taxes do or do not apply to each entity type
How to prepare Schedule M-1, K and K-1
How the Affordable Care Act affects tax returns
Frequently used forms and schedules, including some form oddities
Learn in detail about the preparation of Form 1120S, Schedules M-1, K and K-1
Learn in detail about the preparation of Form 1065, Schedules M-1, K and K-1
Identify and handle commonly found S Corporation and partnership tax issues
NASBA ID#: 139884