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Secure Transaction CPE Credits
2 Credits: Taxes
Event Date: May 20, 2026 11:50 am
Course Level
Intermediate
Format
Conference
Course Description
This course provides a practical review of K-1 reporting and its role in pass-through taxation for partnerships, S Corporations, estates, and trusts. Participants will examine how K-1 information flows to the individual return and how tax professionals should approach common reporting and compliance issues. The course focuses on basis, at-risk, passive activity, and material participation rules, along with the interaction between K-1 reporting and the Qualified Business Income deduction. Practical examples help participants apply these concepts to common return preparation and review situations.
Learning Objectives
Identify the purpose and tax reporting function of K-1 information. Distinguish K-1 reporting issues for partnerships, S Corporations, estates, and trusts. Apply basis, at-risk, passive activity, and material participation rules to K-1 activity. Analyze the interaction between K-1 information and the Qualified Business Income deduction.
Course Specifics
26CNewOrleans-Wed-C1
Basic knowledge of individual income taxation
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02804-26-I
IRS Federal Tax Law Credits: 2
CFP Provider Number: 3199
CFP Course Number: 349497
CFP Credits: 2
CTEC Course Number: 2071-CE-02247
CTEC Federal Tax Law Credits: 2
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is a former adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and …