Surgent's Annual Tax-Planning Guide for S Corporations, Partnerships, and LLCs Webcast
Sep 30 8:00 - 4:00 p.m.
Online
4-Tax; 4-Tax CPE Credits
As long as LLCs, partnerships, and S corporations form the backbone of many CPAs’ practices, in-depth knowledge of all tax aspects of these entities will be essential. The purpose of this practical course is to focus on planning issues in creating, operating, and liquidating S corporations, partnerships, and LLCs. This course is essential for CPAs in public accounting and industry who advise these entities or their investors. Highlights
Wrapping up issues related to COVID-19 legislation
Update on latest cases, rulings, and regulations including the final regs
How to handle liabilities of LLCs
Planning opportunities and pitfalls in determining basis and amounts at risk -- recourse and nonrecourse debt issues for LLCs, and much more
Section 199A pass-through deduction planning
Partnership planning -- Structuring partnership distributions and transfers of interests
Optional basis adjustments -- §§754 and 732(d)
Planning for the utilization of §179 and for the scheduled phase out of bonus depreciation beginning in 2023
Basis, distribution, redemption, and liquidation issues of S corporations
Compensation in S corporations
Sale of a partnership -- the best planning concepts
What you need to know about family pass-throughs -- Estate planning, family income splitting, and compensation planning
Partnership and LLC allocations
A brief look at possible future changes to the taxation of pass-through entities
Registration
PICPA Member: $259 Nonmember: $359
More Information
Course No.
571400
Level:
Intermediate
Prerequisites:
A basic course in partnership theory and S corporation theory
Notes
Accepted for IRS credits.
Speaker(s)
Michael Reilly
Michael E. Reilly
Michael E. Reilly, CPA, ChFC, CLU, CASL Sole
Practitioner
Michael E. Reilly, CPA,
is a sole practitioner with offices in West Chester, PA. His
practice focuses on tax and financial planning and consulting for
individuals and small businesses.
In addition to maintaining his practice, Mr. Reilly has been an adjunct
professor at several colleges and was a visiting professor of Economics and
Business at Lafayette College.
Mr. Reilly earned his bachelor’s degree in business administration with an
accounting concentration from Temple University and his master of taxation
degree from Villanova University School of Law. He also holds the Chartered
Financial Consultant (ChFC) and Chartered Life Underwriter (CLU)
designations from the American College.