Webinar: The Latest on the New Partnership Audit Rules
The new partnership audit rules are in play for tax years beginning after Dec. 31, 2017. There is still time to amend partnership and LLC agreements, as will be necessary in nearly all cases. Certain critical aspects of the new rules were clarified in proposed regulations that the IRS published recently. As the IRS works to finalize these regulations later this year, businesses should prepare for the potential impact of these regulations, which will be explored in this webcast.
After completing this course you will be able to:
- List the three basic approaches the IRS can take to process partnership audit adjustments
- Explain the recent developments concerning tiered push-out adjustments, capital account and basis adjustments
- Develop an appreciation for the need to amend partnership and LLC agreements to protect the business and the owners from adversarial situations
Cost: No fee required.
CPE: Eligible for 1 CPE credit in Accounting and 1 CPE credit in Tax*
Who Should Attend? CFOs, CEOs, business owners and financial executives
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet-based