2014-2015 Limited Liability Company (LLC) & Partnership Federal Tax Update (Currently Unavailable)

Author: Vern H.

In this course, Vern discusses the current Tax Codes, cases and rules affecting partnership and LLC taxation.

Publication Date: November 2014

Designed For
All tax practitioners, both public and industry, who need the latest - and necessary - tax changes for their clients.

Topics Covered

• Warning you that more partnerships audits are coming.
• Marvelling at how an LLC member can be both a limited and general partner for self-employment tax purposes.
• Noticing that the IRS and the courts have become more aggressive in disallowing partner expenses on the partnerships return.
• And closing with a look at the at-risk rules as they apply to LLCs.

Learning Objectives

• Recognize key tax changes affecting LLC and partnership taxation.
• Identify numerous tax issues and provisions impacting your clients' or employer's tax returns.
• Apply various tax rates and computations to scenarios just like those you see in your office, to better prepare you for the upcoming tax season.

Level
Update

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
A basic understanding of tax preparation.

Advance Preparation
None