Advanced Tax Strategies for LLCs & Partnerships (111316A-13)
Description
This course contains planning techniques for complex issues and
potential tax snafus facing the LLC, General Partnership, Limited
Partnership, and Limited Liability Partnership. A review of distinct
advantages of these entities is coupled with an examination of the
dangers that members/partners may face if they do not make regular tax
planning a priority.
Learning Objectives
Alert you to the potential traps so you may be aware of these during
reviews of partnership financials and tax filings
Identify scenarios
that may require further study to avoid unfavorable outcomes and to
maximize tax benefits for LLCs and partnerships
Major Topics
Transfers Between the Entity and The Members/Partners
Investor
Structures and Sales of Entity Interests
New, Restructured and
Forgiven Debt and Basis to Member/Partner
Convertible Debt and Its Tax
Consequences
Mergers of Two or More LLCs or Partnerships
Tiered
Structures of LLCs or Partnerships
Retirement Distributions to
Members/Partners
Distribution of "Hot Assets" and the Result to
Members/Partners
Compensation Planning for Service Members/Partners
