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Webcast Title: Partner Level Basis, At-Risk Amount, And Loss Limitations

Recommended

CPE Hours: 3 CPE Credit Hours.



Highlights:


Come join Larry Stein as he discusses partner-level basis, at-risk amount, passive activity loss implications, and other loss limitation issues. IRS has been focusing on partners (including LLC members and LLP partners). This webcast helps provide you with information and tools to handle IRS audits of partner-level loss limitations. Don’t miss out on the opportunity to gain essential knowledge.


Learning Objectives:


Upon the successful completion of this webcast, the participants will be able to explain partner-level basis, at-risk, and selected other loss limitation issues impacting partners in partnership type tax entities (including LLCs and LLPs).


Major Topics:


  • Documents That IRS Will Request.


  • Initial Partner Basis; Contributions Of Money And Property (IRC 721).


  • Partner’s Share Of Partnership Liabilities – IRC 752 And Regulations.


  • Material Participation; Passive Activity Loss Limitation.


  • Real Estate Professionals – IRC 469(c)(7) – The Three Tests.


  • Computing The Partner’s At-Risk Amount.


  • Related Partners Rules – IRC 707.


  • IRC 267 Related Party Rules.



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: 3 CPE Credit Hours.

Advanced Preparation: Basic knowledge of federal taxation.

Prerequisites: 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 Continuing Education LLC
ID# 109111
Lawrence J Stein
9620 NW 82nd Street
Tamarac, FL 33321
Phone: 954.721.5588
Group Internet-Based

Group Live Based


Larry Stein Continuing Education LLC 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.learningmarket.org


 





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