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CANCELLED: Tax Consequences and Reporting Issues of LLCs, LLPs, LPs, (111280A-16)

Description

Is LLC and partnership taxation something new to you? Perhaps you have
worked in this area for years but need a quick review of the fundamental
concepts? Build a foundation of knowledge or freshen up your skills.
This course addresses the tax consequences of the most common
transactions engaged in by LLCs and partnerships. Develop a level of
comfort with the basic conceptual framework underlying partnership and
LLC taxation, with an emphasis on explaining the tax consequences
associated with issues that are most frequently confronted by tax
practitioners.

Learning Objectives
  1. Describe how partnerships and LLCs opting to be treated as partnerships will report their federal taxable income to the IRS.
  2. Determine the tax basis of assets transferred to a partnership or LLC at formation.
  3. Explain the tax consequences and liabilities to a partnership/LLC of property transfers.
  4. Distinguish between distributions and compensatory payments to partners, and recognize tax consequences of each type of payment.
Major Topics
  1. Tax structure of partnerships and LLCs
  2. Tax consequences of partnership or LLC formation
  3. Partnership distributions
  4. Compensatory payments to partners
  5. Overview of profit and loss allocations
Provider
AICPA
Course Level
Basic
CPE Field of Study
Taxes
4
Instructor(s)
Bob Gilwee
Location
 
MACPA Columbia Center
10280 Old Columbia Rd
Columbia, MD 21046 US
View in Google Maps
Event Information
When
Jan 11, 2016
8:00 am - 11:30 am EST
Location
MACPA Columbia Center
10280 Old Columbia Rd
Columbia, MD 21046 US
Total CPE Credits
4
Format
In-Person

Register for this Event

CANCELLED: Tax Consequences and Reporting Issues of LLCs, LLPs, LPs, (111280A-16)


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