If you have questions about this event, please call us at 952-831-2707.
The taxation of partnerships has become more complex in the past several years. This course highlights the major areas of concern for tax advisors and their clients in compliance and planning for partnership operations, distributions and transactions. Course topics include special allocations, targeted allocations, proper calculation of outside and inside tax basis, tax consequences of distributions, the impact of "hot assets" on distributions and transfer of partnership interests, issuance of partnership interests to service partners. Add immediate value to your partnership clients by properly calculating and then reporting critical partnership tax items that generate most IRS audit adjustments.