*RESCHEDULED* Limited Liability Companies [ACL4]
Subject:
Time: 08:30am-12:00pm
Credit Hours:
4.00Price:
Member: $160.00
Non-member: $230.00
Discussion Leader:
William F. (Bill) Taylor, CPAWilliam F. (Bill) Taylor, CPA is President of Lifetime Financial Solutions, LLC, a financial coaching firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS, he has served as an adjunct assistant professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 25 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS, office of KPMG Peat Marwick and managing his own firm since 1999. A nationally known consultant and speaker, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals & Actuaries, CPA and bar associations in 45 states, and many private organizations. He has been awarded both the AICPA Outstanding Discussion Leader award and the James L. McCoy Discussion Leader of the Year Award from Surgent CPE. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
Full Description
*RESCHEDULED* Limited Liability Companies: Losses, Liquidations, Terminations, Continuations & Sales (ACL4)September 30th, 2026 / 8:30 am 12:00 pm
The Boardroom / Chugach Room
2550 Denali Street, Suite 700
Anchorage, AK 99503
The purpose of this course is to provide an in-depth discussion of selected advanced-level issues affecting LLCs and LLPs.
Major Topics:
-When are distributions taxable?
-Miscellaneous issues, including the critical difference between 736(a) and 736(b) payments
-Sales of an LLC interest -- holding period and hot asset issues
Learning Objectives:
-Identify when distributions are taxable, including disguised sales and the tax on pre-contribution gain
-Discuss the tax consequences of a liquidation of a partners interest
-Describe the options when a partnership terminates or continues following an acquisition or merger
-Explain the tax consequences of a sale of an interest and distinguish such consequences from the tax consequences when a partnership or LLC is acquired or merges into another LLC or partnership
Designed For: Accounting and Financial Professionals with clients using the LLC or LLP structure who need to understand advanced issues, problems, and planning strategies
CPE Credits: 4, Taxation
Level of Knowledge: Advanced
Prerequisite: A beginning course in LLCs/partnerships; experience with LLC/partnership clients
Acronym: ACL4
Discussion Leader: William F. (Bill) Taylor, CPA
