This program addresses the most recent developments impacting partnerships operating as LLCs, with a focus on legislative, administrative, and tax form changes. Emphasis will be placed on partners "tax basis" capital accounts, now required for tax form reporting.
DESIGNED FOR
CPAs in public practice and industry seeking an update on the latest tax developments affecting partnerships.
BENEFITS
After attending this presentation you will be able to...
- Apply recent tax developments affecting the partnership entity and its partners
HIGHLIGHTS
The major topics that will be covered in this class include:
- Discuss the impact of the Section 199A flow-through entities deduction on partnerships and their partners
- The meaning of a "tax basis capital account"
- How the finan
COURSE LEVEL
Intermediate
PREREQUISITES
Basic working knowledge of partnership taxation.
ADVANCE PREPARATION
None