ABOUT THIS COURSE
Bootcamp: LLCs and Partnerships is designed to help demystify the complexities of subchapter K and develop a cohesive understanding of partnership concepts. The materials cover both fundamental and nuanced partnership issues that arise in practice. The interactive approach includes lecture, group activities and comprehensive case studies, as well as vital leadership, communication and organization strategies.
COURSE OUTLINE
COURSE INFORMATION
| Delivery Methods | Fields of Study |
|---|---|
| Group Live
Group Internet Blended Learning |
Taxes (24) |
| CPE Credits | Prerequisites |
| 24 Credits | 4+ Years Experience |
| Level | Advance Preparation |
| Intermediate | None |
LEARNING OBJECTIVES
- Address the limitations on partner losses.
- Interpret how the partnership’s activities affect the partners’ capital accounts.
- Analyze the tax implications of property entering and exiting the partnership.
- Differentiate between the substantial economic safe harbor and targeted allocations.
- Discuss the sale and redemption of a partnership interest.
- Explore common adjustments associated with partnership taxation.
- Review of the allocation of debt and non-recourse deductions.
- Recognize key provisions while performing a partnership agreement review.
