Webcast Acronym: LSPT-Pt.1
Webcast Title: Form 1065 Entities – Larry Stein’s New Strategies For Your Form 1065 Entities – LLCs, LLPs, And More - Part 1
Recommended
CPE Hours: 4 CPE Credit Hours.
Highlights:
Come join Larry Stein as he discusses Form 1065 partnership entities in Part 1 of his two-part partnership update webcast. In Part 1, Larry will focus on how LLCs and Partnerships are being used, SECA Developments, Profits Interests vs. Capital Interests, and Real Estate Partnerships/LLCs. This high-yield CPE webcast is great for the tax professional who wants to “tune-up” for the busy season on Form 1065 entities.
Learning Objectives:
Upon the successful completion of this webcast, the participants will be able to:
Explain how advisors and clients are using LLCs.
Explain selected Partnership Formation Tax Issues.
Explain the Unreimbursed Partnership Expense Tax Issue.
Explain Revenue Rulings 99-6 and 99-5: Tax Consequences – Going To/From A Form 1065 Multi-Owner LLC.
Explain Profits Interests vs. Capital Interests.
Explain Selected Real Estate LLC-Partnership Issues.
Major Topics:
Single-Member LLCs Vs. Multi-Member LLCs – Husband And Wife Scenarios.
IRC 761 Election Out Of Subchapter K.
Formation – Partnership Entities – IRS Audit Technique Guidance.
Limited Liability Companies Vs. Limited Liability Partnerships.
Unreimbursed Partnership Expenses (UPE).
“S” Vs. LLC – Selected Tax Matters.
How LLCs Are Being Used.
LLC Conversions – To/From Multi-Owner LLCs (Rev. Ruls. 99-5 And 99-6).
SECA Tax Developments – Partnerships.
Profits Interests Vs. Capital Interests – Taxation, Recent Developments, And Proposals.
Real Estate Professionals And Documentation.
Real Estate Partnerships, UNICAP, And Interest Capitalization.
Special Interest Allocation Issues.
The Net Investment Income Tax (NIIT) – Statutory Analysis.
Passive Activity Reporting.
Fresh Start Regrouping Election.
Partnerships And The Net Investment Income Tax.
The Impact Of The Frank Aragona Trust Case.
Treatment Of IRC Section 736 Payments.
Selected New Partnership Tax Developments.
Designed For: CPAs with at least six (6) years of experience. You must have a basic knowledge of federal taxation.
NASBA Fields Of Study: Taxes.
Level: Intermediate.
Presentation Method: Live Webcast Lecture With Questions And Answers.
Recommended CPE Credit Hours: 4 CPE credit hours.
Advanced Preparation: Basic knowledge of federal taxation.
Texas Registration: 009838
“I have registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of my CPE program.”
Larry
Stein CPE Live Webinars
ID# 109111
Lawrence J Stein
9620 NW
82nd Street
Tamarac, FL 33321
Phone: 954.721.5588
Group
Internet-Based
Larry Stein CPE Live Webinars is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
