Overview
If you are a practitioner who wants the latest information on tax changes affecting your business clients or employers, then you should take this enlightening course. You will learn invaluable knowledge, strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated for items regarding tax reform.
Major Topics:
- Impact of the Tax Cuts and Jobs Act on S corporations and partnership entities including coverage of Section 199A
- Partnership Audits
- Impact of the net investment income tax on the owners of pass-through entities
- Basis issues: at-risk, passive activities for partnerships and LLCs
- Choice of entity issues: is the C corporation more of a viable choice after tax reform? Will it become preferred?
- A review of the key cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships
- Any late-breaking tax legislation
Learning Objectives
- Understand the major current planning issues for businesses
- Understand how tax reform affects planning for pass-throughs
- Understand what pass-throughs can do in light of tax law changes
Designed for:
All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their business clients or employers
Prerequisite:
Experience with pass-through entity clients
Advanced Preparation:
None