Pass-Through Entities: Advanced Tax Issues

Partnerships and LLCs –Allocation of basis in debt; step up in basis upon transfer; disguised sales; abandonment of partnership interest; and reallocation of depreciation; determining and defending LLC member’s SE income; this program prepares you to handle the “high hard ones” that your partnership and limited liability company clients throw at you. S Corporations – This is the program that answers the difficult questions. Determining shareholder basis; defending shareholder compensation; S corporations for specific purposes; S corporation mergers, split-ups and liquidations; calculating built-in gain; C corporation earnings and profits; calculations when terminating or revoking; elections; complexities of AAA; and dealing with QSubs.

More information