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Tuesday, December 8, 2026 Live Webcast

Reviewing Partnership Tax Returns: What Are You Missing? (E2612612)

9:00 AM - 12:30 PM EST

Registration: 8:45 AM EST

webcast

Vendor Platform

4 CPE Credits in TX

OVERVIEW

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

DESIGNED FOR

  • Partners and managers in CPA firms
  • Experienced CPA staff

BENEFITS

  • 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 liabilities.

HIGHLIGHTS

Common errors made involving the following:
  • 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)

    • COURSE LEVEL

    Intermediate

    PREREQUISITES

    Experience with partnership tax return preparation

    ADVANCE PREPARATION

    None

    INSTRUCTOR

    Robert Ricketts

    Robert Ricketts, Ph.D., CPA

    Read bio

    PRICING

    $199.00 - Member

    $274.00 - Nonmember

    Register Today


    Note: Online pre-registration will close on December 8 at 8:45 AM.

    ADDITIONAL OPTIONS

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    ALSO AVAILABLE

    COURSE DEVELOPER

    AICPA/NJCPA

    AREAS OF INTEREST

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