Events Search
  Summary & Check Out (0)
Monday, November 25, 2024 Live Webcast

Understanding Partnership Taxation: PTE Elections, 754 Elections, and Selling a Partnership Interest (X1-PTE2-2024-01-WEBNR-330-01)

2:00 PM - 4:00 PM EST
webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

Partnership tax law is always difficult. However, when certain transactions come up, not knowing how to handle them can be costly to clients and practitioners. In this course, we discuss several of these types of situations. We will explore the tax impacts of a PTE election and how a 754 election affects the inside basis of partnership assets. We will then examine those tricky look-through provisions on the sale of a partnership interest in order to properly calculate the tax implications.

DESIGNED FOR

Tax and financial advisors who have partnership clients

BENEFITS

  • Identify when a pass-through entity is able to deduct state taxes it pays at the entity level
  • Recognize the tax implications of hot assets in the sale of a partnership interest
  • State the character of a gain on the sale of a partnership interest

HIGHLIGHTS

  • Notice 2020-75: PTE elections
  • What is a 754 election?
  • What if a 754 election is not in effect?
  • Tax implications of a partnership interest sale on the seller
  • Look-through provisions

COURSE LEVEL

Intermediate

ADVANCE PREPARATION

None

INSTRUCTOR

Dave Peters

Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA

PRICING

$89.00 - Member

$109.00 - Nonmember

Register Today


Note: Online pre-registration will close on November 25 at 1:30 PM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

Surgent

AREAS OF INTEREST