Essentials of LLC Operating Agreements [LLC4]

Sep 20, 2017
Time: 12:15pm-3:45pm



Credit Hours:



Member: $150.00
Non-member: $225.00

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Discussion Leader:

Susan Smith, CPA    more info

Susan 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 4.7 on a scale of 5.0. Smith is a two-time recipient of the James L. McCoy Discussion Leader of the Year Award for excellence in teaching. Smith earned her Bachelor of Business Administration degree with an accounting concentration, from the University of Toledo.

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Website registration for this course closes on September 13, 2017. To register after this date please contact the society at or 907-562-4334.

Full Description

Essentials of LLC Operating Agreements (LLC4)

September 20, 2017

Pikes Waterfront Lodge
1850 Hoselton Road
Fairbanks, AK

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 and $12.50 for each 2 hour course.

In this course we will cover key tax considerations necessary in understanding and structuring partnership and operating agreements. You will come away with understanding the most essential issues to consider and the tax consequences of various drafting and structuring choices.

Major Topics:
- Capital contribution
- Capital accounts
- Profits and loss allocation
- Distributions
- Liquidation

Learning Objectives:
- Understand the most critical tax considerations involved in structuring an LLC or a partnership
- Be able to analyze structuring options and identify tax consequences

Designed For: CPAs who advise LLCs and partnerships on issues related to entity selection, formation, and tax strategy

CPE Credits: 4, Taxation

Level of Knowledge: Intermediate

Prerequisite: Some experience with, and a working knowledge of, Subchapter K taxation

Acronym: LLC4

Discussion Leader: Susan Smith, CPA