CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

2020-2021 Federal Tax Update: Partnerships and Limited Liability Companies

Icon_Self-Study
Self-Study
Icon_Level
Update
Credits
CPE Credits
2 Credits: Taxes

Course Description

Combining the real-life experience of a practicing CPA/EA with essential down-to-earth tax materials, this authoritative self-study course will provide you with the most recent and up-todate tax changes. Renowned tax experts Vern Hoven and Sharon Kreider cover the latest in strategic business planning for LLCs, partnerships, and much more.

CHAPTER HIGHLIGHTS
• CARES Changes Have Special Mention for Partnerships
• Tax Cuts and Jobs Act Makes Changes to Partnership Tax Law
• Final Regs Issued on Streamlined Partnership Audit Process
• IRS Adds Reporting Requirements to Form K-1
• QBI Form Must Be Attached to Form 1065 Schedule K-1
• IRS Says Small Partnership Abatement of Late Filing Penalties Not Automatic
• Doctor’s Surgery Center K-1 Income Not Subject to SE Tax. Why Not?
• Attorneys’ Law Practice K-1 Income Subject to SE Tax. Why?

Learning Objectives

Upon completion of this course, participants will be able to:

• Identify new rules and regulations resulting from TCJA related to partnerships.

• Cite rules and regulations related to partnership taxation and audits by the IRS.

• Cite rules and regulations related to LLC and S Corporation taxation and audits by the IRS.

Course Specifics

Course ID
8202687
Revision Date
June 2, 2020
Number of Pages
60
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01564-20-S
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1460
CTEC Federal Tax Update Credits: 2

Course Instructor

Vern Hoven, CPA, MT

Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education. Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking …

Vern Hoven, CPA, MT Read More »

Sharon Kreider Headshot
Sharon Kreider, CPA

Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …

Sharon Kreider, CPA Read More »

2020-2021 Federal Tax Update: Partnerships and Limited Liability Companies

Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Update
Credits
CPE Credits
2 Credits: Taxes

Course Description

Combining the real-life experience of a practicing CPA/EA with essential down-to-earth tax materials, this authoritative self-study course will provide you with the most recent and up-todate tax changes. Renowned tax experts Vern Hoven and Sharon Kreider cover the latest in strategic business planning for LLCs, partnerships, and much more.

CHAPTER HIGHLIGHTS
• CARES Changes Have Special Mention for Partnerships
• Tax Cuts and Jobs Act Makes Changes to Partnership Tax Law
• Final Regs Issued on Streamlined Partnership Audit Process
• IRS Adds Reporting Requirements to Form K-1
• QBI Form Must Be Attached to Form 1065 Schedule K-1
• IRS Says Small Partnership Abatement of Late Filing Penalties Not Automatic
• Doctor’s Surgery Center K-1 Income Not Subject to SE Tax. Why Not?
• Attorneys’ Law Practice K-1 Income Subject to SE Tax. Why?

Learning Objectives

Upon completion of this course, participants will be able to:

• Identify new rules and regulations resulting from TCJA related to partnerships.

• Cite rules and regulations related to partnership taxation and audits by the IRS.

• Cite rules and regulations related to LLC and S Corporation taxation and audits by the IRS.

Course Specifics

Course ID
8202687
Revision Date
June 2, 2020
Number of Pages
60
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01564-20-S
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1460
CTEC Federal Tax Update Credits: 2

Course Instructor

Vern Hoven, CPA, MT

Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education. Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking …

Vern Hoven, CPA, MT Read More »

Sharon Kreider Headshot
Sharon Kreider, CPA

Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …

Sharon Kreider, CPA Read More »

2020-2021 Federal Tax Update: Partnerships and Limited Liability Companies

Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

Clear