S Corporation, Partnership, and LLC Tax Update

Overview

If you are a practitioner who wants the latest information on tax changes affecting your business clients or employers, then you should take this enlightening course. You will learn invaluable knowledge, strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. Continually updated to reflect enacted legislation.

Designed For

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their business clients or employers

Major Topics

• Timely coverage of breaking tax legislation
• Schedules K-2 and K-3 reporting requirements, including the domestic filing exception and Form 1116 exemption
• Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations with examples of how to calculate stock basis
• A review of like-kind exchange transactions under section 1031
• Guidance on the impact of recent legislation on S corporations and partnership entities
• New Form 1099-K reporting requirements
• Bonus depreciation in 2023
• Section 163(j) in 2023
• Section 174 Research and Experimental Expenditures
• New FinCEN reporting requirements in 2024
• Employee vs independent contractor considerations that companies should be aware of
• A review of the key cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships

Learning Objectives

• Understand the current planning issues for businesses
• Understand how recent legislation impacts planning for pass-throughs
• Understand what pass-throughs can do in light of tax law changes

Prerequisites

Experience with pass-through entity clients

Advanced Preparation

None

Level of Knowledge

Update

Instructional Delivery Method

Group Internet Based

CPE Credit

Participants will earn 4.0 CPE credits

Field of Study

Taxes

Registration Requirement

Pre-registration is required for this event. To register, please visit our website at tx.cpa or contact our office at 800.428.0272. To receive the full CPE credit hours, you must be logged in and engaged for the duration of the program. Late arrivals and/or early departures will be captured by the submission of participant codes within the attendance monitoring application within the webinar broadcasting application.

Refunds and Cancellations

Registration changes can be made by calling 800-428-0272 or 972-687-8500 (option 2) or by emailing learning@tx.cpa. No shows forfeit the entire registration fee.

Cancellations for in-person conferences and events received at least 10 business days prior to the start of the event are eligible for a full refund. Cancellations received less than 10 business days prior to the start of the program are subject to a 50% cancellation fee due to facility, food and beverage fees being incurred.

Cancellations for webinars, webcasts, and online programs received at least five business days prior to the start of the program will be eligible for a full refund. Cancellations received less than five business days in advance of the program are subject to a 25% cancellation fee.

The Texas Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.