Best Workshop on Partnership & LLC (Form 1065) Tax Return Review & Case Study (NEW)

With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a partnership/LLC course focusing on the hottest tax topics and most frequently encountered issues. This case-driven course will deal with both partnership/LLC and partner/member developments addressing the most common, yet complex Federal partnership/LLC issues and problems.
This webinar will review partnership tax law by looking at case studies addressing issues and problems at both the partnership and partner levels.  Each attendee will receive the most comprehensive reference manual with numerous practice aids and real-world examples and case studies.  Topics include but are not limited to:

An extensive review of the partnership tax laws with an emphasis on any new legislative changes (SECURE & CURES Act) including the Tax Cuts & Jobs Act (TCJA) 20% qualified business income (QBI) deduction and changes to the interest deduction, fringe benefits, and entertainment expenses

• Overview of different forms of business entities including the check-the-box regulations 
• Formation issues including the mandatory allocation of the §704(c) pre-contribution gain or losses back to the contributing partner/member
• Schedule K and K-1 – separately & non-separately stated income and expense items
• Substantial economic effect requirement to have special allocations to the partners/members
• Allocation of recourse & non-recourse debt on K-1s
• Guaranteed payment issues and tax treatment of fringe benefits
• Self-employment tax issues and pitfalls
• §754 optional basis adjustments and mandatory adjustments
• Tax treatment of distributions - cash versus non-cash & liquidating versus non-liquidating
• Overview of a partner/member’s outside basis and deductibility of losses

J. Patrick Garverick is one of the most admired and best-reviewed Tax Speaker in the country and we are offering the classes at a much-discounted price during the pandemic. His courses have been best-reviewed time and again 

• For Quality of Content
• For Relevance and Practical Case studies
• For Best Teaching Approach
• For Best Course Material

Awards and Accolades

• Award for Instructor Excellence for California Education Foundation
• Award for Outstanding Course materials for California Education Foundation.
• Rated top tax instructor in nearly every location he has presented 
• One of the few instructors to have received perfect scores (multiple times) from attendees for both presentation skills and knowledge. 

After registering for this webinar you will get Free E-Book worth $200. The book would be emailed to you, a day before the webinar on your registered email address on myCPE. The book is copyright protected.