20WS-0802: Surgent's Form 1065 Boot Camp: Step-by-Step Preparation with Completed Forms (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Tuesday, October 20, 2020
8:00am - 4:00pm Central Time
8 CPE (8 technical) | 8 IRS CE
The objective of this course is to train new, rusty, or returning-to-practice staff to prepare a complicated federal partnership tax return. The course includes a chapter-by-chapter, hands-on approach to completing Form 1065. As details are discussed within each chapter, information is provided to prepare an intricate Form 1065. The course and instruction delivery is geared toward a basic understanding and progresses to more complex issues via Surgent's "Step-by-Step" preparation guide. The boot camp allows staff to discover the connections between a trial balance and a completed partnership return, with a filled-in completed Form 1065 provided in the case solutions.
Major subjects
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Gain a thorough understanding of federal income tax laws for partnerships and LLCs, from formation to tax return preparation issues
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Who files Form 1065, and who does not file Form 1065
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Trade or Business income and expenses versus Separately Stated Items
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The importance of Schedule M-1
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Maintaining Capital Accounts
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Partnership distributions -- current or liquidating, cash or property
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How to allocate recourse and nonrecourse debt
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Self-employment tax issues
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Complete coverage of any new legislation enacted before presentation
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Other developing issues and hot topics
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Mastering two common tax forms, Depreciation (4562) and Sale of Assets (4797)
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Partnership reporting oddities
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Accurately preparing partnership returns and reconciling book income to taxable income
Learning objective(s)
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Learn in detail about the preparation of Form 1065, Schedules M-1, K, and K-1
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Learn in detail about common business reporting Forms 4562 and 4797
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Provide staff with the first stage of a graduated professional education program in servicing partnership and LLC clients
Who should take this program?
All levels of staff and company controllers responsible for filing these forms
Fees
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you are a
nonmember.
If you register, you will be charged
$259.00
(Standard Nonmember Fee).
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|
Standard Member Fee |
$259.00
|
 Standard Nonmember Fee |
$259.00
|
