The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent

This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated to reflect enacted legislation.

Major Topics:

• Timely coverage of breaking tax legislation
• Schedules K-2 and K-3 reporting requirements 
• The Centralized Audit Regime
• Selected Practice and Reporting Issues: What’s new?
• A review of recent cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships
• Choice of entity issues, with special consideration of recent legislation and proposed legislation
• Employee vs independent contractor considerations that companies should be aware of
• Detailed review of §465 at-risk and §469 passive activity loss limitation rules
• IRC §163(j) and §461(l)
• Impact of the net investment income tax on the owners of pass-through entities
• Review of the most important business tax cases, revenue rulings, PLRs, etc.

Objectives:

Level: Update

Instructor: Bob Lickwar, CPA

CPE Credits: 8

Area of Study: Taxes (8)

Prerequisite: Experience with pass-through entity clients