Webinar

Reviewing Partnership Tax Returns: What Are You Missing?

If you have questions about this event, please call us at 952-831-2707.

---

Strategies to help reviewers catch errors in partnership and LLC tax returns before they are submitted.

Major subjects

• Form 1065
• Schedules K and K-1
• Schedules M-1 and M-2
• Calculating recourse and nonrecourse liabilities
• Partner inside and outside basis
• Partner's capital account analysis
• Sections 704(b), 704(c), 721, 722, 732(b), 734(b), 737, 743(b)

Learning objectives

• Identify the mechanics of a partnership's tax return, including partner capital account calculations and permissible tax years
• Determine the proper allocation of recourse liabilities among partners
• Analyze the consequences of a new partner joining a partnership
• Determine depreciation expense among the contributing and noncontributing partners under Section 704(c)
• Determine the value of assets with nonrecourse liabilitie

Who should take this program?

• Partners and managers in CPA firms, experienced CPA staff

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $269.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.