Back to Search

Partnership Investments - How to Calculate the Owner's Basis Webinar

CPE

When
March 18
10:00 a.m. - 12:00 p.m.

CPE Credits
2-Tax

Details

 Pricing

PICPA Member: $79 | Nonmember: $104


 More Information

Course No.
FTDPIH2
Level
Intermediate
Prerequisites
None
Note

This webinar is hosted by PICPA's partner, CPA Crossings. After registering, you will receive an email from CPA Crossings with the log-in information.

Description

To provide a thorough review and update of the tax issues related to LLC/partnership basis from formation through operations and concluding with sale and/or liquidation.

Highlights

  • Discusses the calculation of basis when the entity is formed, including the impact of contributed property.
  • Explains the use of both "inside" and "outside" basis determination.
  • Clarifies the importance of partnership capital accounts and partnerships debt on partner's tax basis.
  • Uses a comprehensive example to illustrate the mechanics of the basis determination process.
  • Discusses how basis is impacted by distributions of partnership property.
  • Explains how basis is impacted by sale and/or liquidation of the partnership interest.


Speaker(s)


You May Also Like

Conference on Pennsylvania Taxes
July 29 | Harrisburg
Get an update on the latest developments and planning opportunities related to Pennsylvania taxes. ...
Conference on Pennsylvania Taxes
July 30 | Malvern
Get an update on the latest developments and planning opportunities related to Pennsylvania taxes. ...
Conference on Pennsylvania Taxes
Aug. 1 | Cranberry
Get an update on the latest developments and planning opportunities related to Pennsylvania taxes. ...