Overview
The well-informed tax practitioner will want to attend this two hour program in order to stay current on recent updates on partnership tax! Content includes recent court decisions on partnership tax issues as well as current updates to the new Forms K-2 and K-3.
Who should Attend: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Prerequisites
None
Objectives
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Become familiar with court cases on partnership tax issues.
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Learn about recent changes to Forms K-2 and K-3.
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Understand the elements of the Domestic Filing Exception.
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Know when there are items international relevance which will require the taxpayer to provide Form K-2 and K-3 to the owners.
Highlights
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Court decisions covering partnership issues such as TEFRA, Statute of Limitations, Economic Substance, and Sec. 754 Elections
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IRS updates on Form K-2 and K-3
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Criteria for using the Domestic Filing Exception
