Pass Through Entities: Advanced Tax Issues

PARTNERSHIPS and LLCs -Allocation of basis in debt; step up in basis upon transfer; disguised sales; abandonment of partnership interest; reallocation of depreciation; determining LLC member's SE income; this program prepares you to handle partnership tax complexities. S CORPORATIONS - Determining shareholder basis; defending shareholder compensation; trusts as S corporation shareholders; S corporation mergers, split-ups, and liquidations; built-in gain; C corporation earnings and profits; calculations when terminating or revoking elections; complexities of AAA; and dealing with QSubs…back -to-back loans…this program answers the difficult questions.