Resolving Complicated Partnership and S Corporation Activity Online Training –Oct. 29-31
Instructor-led sessions on Oct. 29 and Oct. 31 from 10:00 a.m. - 2:00 p.m. CT
| Premium | Professional | Basic | Not a member |
|
|---|
Training with e-book
| $217
| $217
| $275
| $289
|
Register |
Training with e-book
and print book | $260
| $260
| $329
| $346
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Register |
Summary
This online training is designed for tax professionals looking to elevate their expertise in partnership and S corporation taxation. Whether you're preparing for the complexities of tax season or aiming to enhance your advisory services, this training provides essential knowledge and practical skills. Gain mastery over intricate tax issues specific to partnerships and S corporations. From maintaining tax basis to navigating complex distributions and pass-through losses, you'll develop a robust skill set that enhances your professional capabilities.
Objectives
Upon completion of this course, you will be able to:
- Maintain basis in a partnership and tax basis capital accounts
- Calculate stock and debt basis in an S corporation by completing Form 7203
- Determine whether pass-through losses are deductible or if distributions are taxable
- Recognize what are guaranteed payments for partners
- Determine reasonable compensation for shareholders
- Outline when a §754 election is appropriate and calculate and report basis adjustments necessary
- Summarize the rules for partnership allocations of income and loss
- Calculate and report the BIG tax for a previous C corporation that becomes an S corporation
- Analyze the tax consequences of a change in partners or shareholders
Course Details
Completion of reading assignments prior to the instructor-led sessions is highly recommended. Instructor-led sessions will occur Oct. 29 and Oct. 31 from 10:00 a.m. - 2:00 p.m. CT. During the sessions, the instructor will discuss main concepts and apply real-life scenarios. Throughout the sessions learners will have the opportunity to ask questions. Learners will be provided with a recording of each session.
View study assignments
Instructor: Tom O’Saben, EA
The self-study portion of this online training includes the Resolving Complicated Partnership and S Corporation Activity self-study course with access to 8 CPE for AFSP, EA, CPA, CRTP. To earn CPE, you must complete a final examination.
Cancellation Policy
Because this is an online education offering, it is nonrefundable.
