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Thursday, November 18, 2021 Live Webcast

The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent (E2111231)

9:00 AM - 4:30 PM EST

Registration: 8:30 AM EST

webcast

Vendor Platform

8.0 CPE Credits in TX

OVERVIEW

This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated to reflect enacted legislation.

DESIGNED FOR

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their business clients or employers.

BENEFITS

  • Understand the major issues on which taxpayers and the IRS are in conflict
  • Understand how COVID-19 legislation impacts planning for pass-throughs
  • Understand recent IRS guidance and legislation impacting pass-through entities

HIGHLIGHTS

  • A new supplement discusses major provisions of The Build Back Better Act as introduced by the House Ways and Means Committee in September 2021
  • Major proposals from Senate Finance Committee Chairman Rob Wyden’s Pass-Through Reform Discussion Draft
  • The CARES Act, FFCRA, CAA 2021 and ARPA COVID-19-related provisions, including employer credits, SBA loans, RRF grants, and expanded leave programs
  • Updated guidance on partnership tax basis capital account reporting requirements
  • Continued, updated guidance on the impact of the TCJA on S corporations and partnership entities
  • New proposed regulations regarding the centralized audit regime
  • Selected Practice and Reporting Issues: What’s new?
  • A review of recent cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships
  • Choice of entity issues, with a preview of the potential impacts of the Biden administration’s proposed Made in America tax plan
  • An overview of the state tax issues related to remote work during the COVID-19 pandemic
  • Employee vs independent contractor considerations that companies should be aware of
  • Detailed review of §465 at-risk and §469 passive activity loss limitation rules
  • Impact of the CARES Act on §§163(j) and 461(l)
  • Impact of the net investment income tax on the owners of pass-through entities
  • Any late-breaking tax legislation
  • Review of the most important business tax cases, revenue rulings, PLRs, etc.

COURSE LEVEL

Update

PREREQUISITES

Experience with pass-through entity clients.

ADVANCE PREPARATION

None

INSTRUCTOR

Michael Reilly

Michael E. Reilly, CPA, ChFC, CLU, MT

Surgent Professional Education

Michael E. Reilly, CPA, is a sole practitioner with offices in West Chester, PA. In addition to maintaining his practice, Mr. Reilly has been an adjunct professor at several colleges and was a visiting professor of Economics and Business at Lafayette College. He was also the CFO for a large insurance agency in Delaware County, PA, and was a licensed insurance agent in Pennsylvania. Mr. Reilly earned his bachelor’s degree in business administration with an accounting concentration from Temple University and his master of taxation degree from Villanova University School of Law. He also holds the Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU) certifications. In 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills.

PRICING

$289.00 - Member

$439.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent

AREAS OF INTEREST