2016 Tax-Planning Guide For S Corporation, Partnerships & LLCs [TPGS]
Subject:
Time: 8:00 am-4:00 pm
Credit Hours:
8.00Price:
Member: $295.00
Non-member: $445.00
Discussion Leader:
Susan Smith, CPASusan Smith manages her own firm specializing in tax planning for individuals and business owners and is also a frequent speaker at tax conferences. Smith was a Senior Manager in the tax departments of Price Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price Waterhouse, she also held the national specialist designation for the real estate and partnership tax practices. During her time at Peat Marwick, Smith led the real estate and tax practices locally. She was an associate adjunct professor at Widener University in the master’s taxation program. Her ratings have consistently exceeded 4.8 on a scale of 5.0. Smith is a four-time recipient of the James L. McCoy Discussion Leader of the Year Award for excellence in teaching. And in 2015, 2016, and 2018, she received the Surgent Outstanding Discussion Leader Award because of her consistently high evaluations for knowledge and presentation skills. Smith earned her Bachelor of Business Administration degree with an accounting concentration, from the University of Toledo.
Full Description
2016 Annual Tax-Planning Guide For S Corporation, Partnerships & LLCs (TPGS)September 21, 2016
Pikes Waterfront Lodge
1850 Hoselton Road
Fairbanks, AK
LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course.
As long as LLCs, partnerships, and S corporations form the backbone of many CPAs practices, in-depth knowledge of all tax aspects of these entities will be essential. The purpose of this practical course is to focus on planning issues in creating, operating, and liquidating S corporations, partnerships, and LLCs. This course is essential for CPAs in public accounting and industry who advise these entities or their investors.
Major Topics:
Update on latest cases, rulings, and regulations
How to handle liabilities of LLCs
Planning opportunities and pitfalls in determining basis -- recourse and nonrecourse debt issues for LLCs, and much more
Partnership planning -- Structuring partnership distributions and transfers of interests
The growing use of targeted allocations
Optional basis adjustments -- 754 and 732(d)
Basis and distribution issues in the S corporation
Redemptions and liquidations of S corporations
Compensation in S corporations
Sale of a partnership -- the best planning concepts
What you need to know about family pass-throughs -- Estate planning, family income splitting, and compensation planning
Partnership and LLC allocations
Late-breaking tax legislation, with emphasis on its impact on pass-throughs and their owners
Learning Objectives:
Identify current issues that practitioners are most often called on to address
Be familiar with planning techniques employed in dealing with the life cycle of pass-through entities
Distinguish the roles S corporations and partnerships/LLCs play in the changing tax environment
Be familiar with the results of the case studies that reinforce key learning points
Designed For: CPAs in public accounting and industry who want to learn planning strategies relevant to S corporations, partnerships, and LLCs
CPE Credits: 8, Taxation
Level of Knowledge: Intermediate
Prerequisite: A basic course in partnership theory and S corporation theory
Acronym: TPGS
Discussion Leader: Susan Smith, CPA
