Surgent's Taxation of Partnership Distributions and Sales of Partnership Interests
Available Anytime
Location:
Online
4Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$189.00 Regular Price
Product Code: SU24-PDS4-SSWC
Level: Intermediate
Vendor: Surgent
Field of Study: Taxes
Overview:
This program focuses on two parts of Subchapter K, partnership distributions and sales of partnership interests - topics that tax practitioners are often asked about by clients. Tax practitioners are called upon to advise both the partnership which makes distributions and the partners receiving the distributions regarding the tax consequences of these transactions. Additionally, tax practitioners will be deeply involved in decisions regarding the sale and purchase of a partnership interest. These topics are thoroughly covered in this program. The presenters also discuss several types of partnership distributions and the tax rules relating to them, as well as analyze the tax rules relating to the sale of a partnership interest. Tax practitioners will be given an in-depth analysis of these complex topics, so that they can effectively answer their clients' questions.Objectives:
- Be familiar with the complex issues related to partnership distributions and sales
- Advise individual and business clients regarding these practice issues
Major Topics:
- Types of partnership distributions
- Liquidating partnership distributions
- Basis of property distributed by a partnership
- Special basis adjustments under Section 732(d)
- Abandoned and worthless partnership interests
- Section 751(a) exchange
- Transactions between partners and their partnerships
- Disguised sales
- Section 736(a) and (b) payments
Designed For:
Accounting and finance professionals seeking to gain a deeper understanding of partnership distributions/salesPrerequisite:
Basic understanding of individual and business taxationAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.