Course Detail

The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent (BCPE)

Description:

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.

Highlights:

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.

Objectives:

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

Prerequisites:

Experience with pass-through entity clients

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