Best S Corporation, Limited Liability, and Partnership Update Webinar

• 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 health care changes

• Impacts of post-election legislation
• 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
• Choice of entity issues: is the C corporation a viable choice?
• Basis issues: at-risk, passive activities for partnerships and LLCs
• Self-employment taxes: are there major changes affecting S corporation shareholders on the horizon?
• 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, and planning for potential repeal
• Impact of health care changes on pass-through entities
• Any late-breaking tax legislation
• Review of the year’s most important business tax cases, revenue rulings, PLRs, etc.