Webinar: 2024 Partnership Essentials: Tax Basis Capital Accounts

WB4900  |  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
Your Price: $109.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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