Webcast Title: Larry Stein’s Schedule K-1 And Basis Course – Form 1120S And 1065 – Part Two
Recommended
CPE Hours: 4 CPE Credit Hours.
Highlights:
Come join Larry Stein as he discusses Schedule K-1 reporting, compliance, planning, and basis. In Part Two (of this two-part webcast event), Larry will discuss the computation of partner-level basis and amount at risk. Transactions between partnerships and partners, as well as FICA-SECA tax matters, will be highlighted. “Hot Asset” tax considerations, loss limitations, and partner’s share of partnership liabilities will also be discussed. Please do not miss out on the opportunity to gain new tax knowledge and insights.
Learning Objectives:
Upon the successful completion of this webcast, the participants will be able to:
Explain the computation of partner-level basis and at-risk amount.
Explain the computation of a partner’s share of partnership liabilities.
Explain selected SECA (FICA) tax issues and solutions for Partnerships and “S” Corporations.
Major Topics:
Schedule K-1, Form 1065.
Notice Of Inconsistent Treatment – IRS Form 8082.
SECA (FICA) Tax Developments (Partnerships And “S” Corporations).
Guaranteed Payments.
Transactions Between Partnerships And Partners.
Sale Or Exchange Of Partnership Interest (IRS Form 8308 And Schedule K-1).
Liability Sharing – Schedule K-1 – Partnerships.
Partner-Level Basis And At-Risk Amount.
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.
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
