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Basis Calculations & Distributions for Pass-Through Entity Owners Webinar

CPE

When
Aug. 18
11:30 a.m. - 7:00 p.m.

CPE Credits
8-Tax

Details

 Pricing

PICPA Member: $295 | Nonmember: $400


 More Information

Course No.
4203575A
Level
Intermediate
Prerequisites
Basic understanding of individual income taxation.
Note
None

Description

Identify the three main reasons for calculating a shareholder's basis in a S corp and partner/member's basis in a partnership/LLC.Calculate the stock and debt basis for S corp shareholders.Calculate the basis for partners and members of a federally-taxed partnership.Calculate losses allowed from at-risk activities.Review the Form 1120S and Form 1065 Schedule K-1s to determine how the line items affect basis calculations and are reported on the individual owner's Form 1040.

Highlights

Get up to speed quickly with this comprehensive case-driven training course, focused on basis calculations and distribution planning for the owners of pass-thru entities (i.e., S corps, partnerships and LLCs). Take a line-by-line analysis of the Schedule K-1 and how it affects the basis calculations. Hands-on methodology, real-world examples and cases are used to demonstrate the complex income tax code and regulations to enhance the learning experience. Each attendee will receive a comprehensive reference manual with numerous practice aids, real-world examples and case studies.


Speaker(s)


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