|
CPE Event Information
LLC and Partnership Tax Planning Strategies
Event Code: LPTP01 1
Date: October 24, 2016
Location: TXCPA San Antonio Training Facility
CE Credit(s): 8.00
TSCPA Member Fee: $329.00
overview
Did you ever notice that some practitioners have really good strategies for saving taxes using multiple types of entities in combination? Want to be the go-to planner? Here’s the course that shares some of the most powerful tax strategies available. who should attend
CPAs in Tax and Industry details
Objectives: Look at the effect of Tax Reform as it may affect LLC and partnership tax planning generally. Explore new strategies that will doubtless arise as rates and tax laws change. Major Topics: - Learn how to use leverage to acquire an LLC so the acquisition debt is company debt and how a 754 election helps.
- Learn how to roll over management ownership in an S corporation and still give the buyer a partial step up in basis using partnerships·
- Learn how to preserve pre-development real estate profits as capital gains while collecting development profits by using partnerships and corporations together.
- Learn how to structure forward and reverse like kind exchanges.·
- Learn how to do drop and swap transactions so that some partners can cash out while others can do a like kind exchange.
- Learn how to use disregarded LLCs in corporate reorganizations and other transactions to achieve unexpected results.·
- Learn how to restructure existing partnerships to save net investment income and self-employment taxes using hybrid structures.·
- Learn how to compensate LLC members using different classes of shares and why you may want to pay some guaranteed payments to avoid problems with the IRS in the future.·
- Learn why partners are not supposed to receive a salary and a W-2. Learn how to avoid distributions in excess of basis in professional (and other) partnerships.
e-materials
A link to the electronic material will be emailed to you 48 hours prior to the event. Hard copies will not be provided. advanced prep
None course level
Advanced prerequisite
None
|
|
|
|