Partnership Essentials: Tax Basis Capital Accounts
Tuesday, June 23, 2026
1-2:50 p.m. Central
2 CPE (2 technical) | 2 IRS CE
Course code: 26WA-3547
View pricing
This course examines the critical issues and special opportunities facing partnerships and their partners, with a focus on reporting tax basis capital accounts. Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Major subjects
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Importance of tax basis capital accounts.
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Reporting negative tax basis.
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Tax accounting for property contributed to a partnership.
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Effect of the Ceiling Rule.
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Allocation of depreciation to partners.
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Alternative and Remedial Methods.
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Effect on financial capital accounts.
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Form 1065, Schedule K-1.
Learning objectives
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Define the tax consequences and various liabilities for both partnerships and LLCs.
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Apply rules for reporting tax basis capital accounts.
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Identify planning opportunities and potential pitfalls.
Who should take this program?
- Practitioners with partnership clients and those seeking knowledge on thorny partnership issues.
Pricing
|
Standard Member Fee |
$89.00
|
 Standard Nonmember Fee |
$89.00
|
Our records indicate
you are a
nonmember.
If you register, you will be charged
$89.00
(Standard Nonmember Fee).
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Instructor
Douglas Van Der Aa, CPA, JD
Location
Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level
Intermediate
Format
Group Internet Based
Sponsor
NASBA ID#: 107810
Prerequisites
Prereq.
Basic working knowledge of partnerships and LLCs taxation
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business
days before the event start date.
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