Partnership & S Corporation Checkup: Key Developments
2.00 Credits
Member Price $89
Non-Member Price $109
Overview
The presentation includes an in-depth discussion of the when the Forms 1065 and 1120S, Schedules K-2 and K-3 must be completed, as well as important developments for filing 2021 flow-through entity tax forms and other recent developments impacting both partnership and S corporation entities. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics covered in this course include:
- IRS enforcement against partnerships
- New K-2 and K-3: 2021 partnership and S corporation tax forms on foreign transactions
- Sale/merger of a partnership
- The new Sub S Form 7203 - shareholder basis computation
- S corporation compensation
- PPP loans and the Forms 1065 and 1120-S
Prerequisites
Basic working knowledge of partnership and S corporation taxation.
Designed For
CPAs in public practice and industry seeking an update on the latest tax developments impacting partnerships and S Corporations.
Objectives
After attending this course, you will be able to...
- Apply recent changes to forms and related schedules for partnership and S corporation returns
- Apply planning strategies and recent developments when preparing client returns
Preparation
None
Leader(s):
Leader Bios
Steven Dilley, Federal Tax Workshops
Steven C. Dilley, CPA, JD, PhD, is president of Federal Tax Workshops, Inc., located in East Lansing, Michigan. He is nationally known for his knowledge of the financial, accounting and tax problems of the closely held business and individual taxpayers. He has published numerous articles on these topics. In addition, Steve is a professor of accounting at Michigan State University, where he teaches tax accounting and has recently received two teaching awards. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, the American Accounting Association, AICPA, American Tax Association and Hawaii Association of Public Accountants.
Non-Member Price $109
Member Price $89