The Best S Corporation, Limited Liability, and Partnership Update
This year more than ever, practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable knowledge, strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated for developments.
* Understand the major issues on which taxpayers and the IRS are in conflict * Understand how tax reform affects planning for pass-throughs * Understand what pass-throughs can do in light of tax reform
* Continuing coverage of the impact of the Tax Cuts and Jobs Act on S corporations and partnership entities including coverage of Section 199A * Selected Practice and Reporting Issues: What’s new? * A review of the key cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships * Basis issues: at-risk, passive activities for partnerships and LLCs * Debts between entity and the investors: open-account and written debt; defining bona fide debt for back-to-back loans * Impact of the net investment income tax on the owners of pass-through entities * Any late-breaking tax legislation * Review of the most important business tax cases, revenue rulings, PLRs, etc.
CPE Field of Study
Who Should Attend
Experience with pass-through entity clients
8:30 am - 4:30 pm MDT