TCJA and CPAR Impact on Partnerships and Partners Webinar

• The new carried interest rules for certain partners.
• Bonus depreciation with respect to section 743(b) adjustments.
• Increased section 199A UBIA on “excess section 743(b) adjustments”.
• Prop. regs. on partnership withholding and reporting for dispositions by foreign partners.
• Key points in the recent final regs. on the centralized partnership audit regime (CPAR)
• New IRS Form 8988 and the "push out" election.
• Elimination of deemed partnership terminations.
• Partnership reporting obligations with respect to §§163(j) and 199A.

Learn the impact of recent Tax Cuts and Jobs Act (TCJA) guidance on partnerships and partners as well as compliance and strategies relating to the Centralized Partnership Audit Rules (CPARs). Because Gary McBride is thoroughly covering § 163(j) and 199A in separate CalCPA courses, coverage of those topics will be very limited in this course.