Webinar: Liquidation of Flow-Through Entities for LLCs and Partnerships
WS168 | Course | Intermediate | Scheduled
Description
Part of the technical competence of most experienced tax practitioners is the ability to advise owners of S corporations and partnerships or multiple-
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
Any tax practitioner who wishes to understand the rules regarding S corporation and partnership liquidations
Prerequisites
Basic understanding of the tax rules impacting individuals and pass-through entities
Highlights
- Tax rules governing liquidation of a partnership or S corporation
- Tax treatment of the shareholder/partner/member receiving a liquidating distribution in an S corporation liquidation/partnership liquidation
- Tax impact on the pass-through entity when the entity is liquidated
- Receipt of corporate liabilities in an S corporation distribution
- Proportionate, liquidating partnership distributions to partners, and gains and losses to a partner on a liquidating partnership distribution
- Tax issues associated with a partnership distribution of noncash properties in a liquidation
- Compliance requirements on the occasion of a liquidation of a corporation or a partnership
Objectives
- Determine the gain or loss to the entity and to the owners when it makes a liquidating distribution
- Determine the basis of property distributed in a liquidating distribution to an owner of the entity
- Know what to do in terms of IRS reporting when an entity liquidates
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $99.00
- Non-Member (Early Bird)
- $99.00
- Member
- $99.00
- Non-Member
- $99.00