Webinar: 2024 Partnership Essentials: Tax Basis Capital Accounts
WB3141 | Course | Intermediate | Scheduled
Description
This course examines the critical issues and special opportunities facing partnerships and their partners, with a focus on reporting tax basis capital
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
Practitioners with partnership clients and those seeking knowledge on thorny partnership issues
Prerequisites
Basic working knowledge of partnerships and LLCs taxation
Highlights
Importance of capital accounts
Reporting negative tax basis
Tax accounting for property contributed to a partnership
Pre-contribution appreciation
Effect of the Ceiling Rule
Allocation of depreciation to partners
Alternative and Remedial Methods
Effect on financial capital accounts
Form 1065, Schedule K-1
Tax basis capital accounts
Objectives
Define the tax consequences and various liabilities for both partnerships and LLCs
Apply rules for reporting tax basis capital accounts
Identify planning opportunities and potential pitfalls
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $79.00
- Non-Member (Early Bird)
- $109.00
- Member
- $79.00
- Non-Member
- $109.00