Content Provider
Smithgambrellrussell

Ea credits middle
Rcr middle
Self-Study CPE
IRS PRACTICE AND PROCEDURE UPDATE: 2016
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TAX SHELTER UPDATE: 2015
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ENTITLEMENTS REVIEW AND UPDATE: 2016
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A LOOK AT THE IRS DURING DIFFICULT TIMES
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CONSTRUCTION INDUSTRY TAX ISSUES
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TAXATION AND MAJOR IMMIGRATION ISSUES OF RESIDENT AND NONRESIDENT ALIENS
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UBI, UBTI, AND UBIT - UNDERSTANDING THE UNRELATED BUSINESS INCOME TAX
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PREPARING THE CHALLENGING FORM 990
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EARNED INCOME TAX CREDIT
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PREPARING IRS LETTER RULINGS
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Smith partnershiptax

PARTNERSHIP TAX: ALLOCATIONS, CAPITAL ACCOUNTS, REPORTING AND COMPLIANCE

Available Date(s) Thursday, November 16, 2017
Monday, December 18, 2017
Monday, January 22, 2018

Start Time
11:00AM EST

Cost Free   CPE Credits 1.0 hour    1 hour for EAs (Federal Tax Update): Course Id# - HURS9-T-00018-15-O  Subject AreaTaxes  Course LevelIntermediate  Instructional MethodGroup Internet Based  PrerequisitesBasic knowledge of taxation  Advanced PreparationNone  Who should attend? CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent 
Course Description

This webinar will address how to comply with income tax reporting requirements for partnerships and partners, and how to use partnerships to satisfy clients’ objectives while complying with complex income tax requirements. Topics will include identifying partners and partnerships (including limited liability companies) for tax purposes; forming partnerships without triggering taxable gain or loss; allocating among partners tax items generally, built-in gain and built-in loss attributable to contributed property, and partnership liabilities; consequences of partnerships distributing cash and other property to partners generally and under the “disguised sale” rules; maintaining, adjusting, and distinguishing capital accounts and tax basis; computing partnership tax results and reporting them to partners; and alternative ways of a partner’s leaving a partnership and their tax consequences.

Learning Objectives

  • How to distinguish partnerships from other entities

  • How partners and partnerships are taxed

  • How to allocate taxable items and partnership liabilities among partners

  • How a partnership computes taxable income or loss and which items a partnership must “separately state” to partners

  • Tax consequences of selling a partnership interest or being redeemed by a partnership

Testimonials

"Mr. Mandarino really knows his "partnerships"-- Very knowledgeable and still able to explain it to novices."

"Excellent presentation on partnership tax law, one of the most difficult topics in the Internal Revenue Code."

"Excellent program for anyone who works with partnerships or partners in the tax arena."

"Joseph Mandarino is clearly a knowledgeable presenter on the topic, he has thought through the issues so he presents a clear and concise explanation of the real world applications of the partnership tax law. Well done. I will be looking forward to hearing him again."

"Excellent tax webinar! I highly recommend to all. Very valuable information, great examples to follow."

"The instructor was very knowledgeable in the subject matter, and presented it with examples which were easily understandable."

Smithgambrellrussell Linkedin

Joe’s practice focuses on corporate, tax and finance. He is involved with a wide variety of businesses and transactions, and has extensive experience in

- Structuring M&A transactions, from both the buyer and seller sides;
- Negotiating executive compensation arrangements (qualified and non-qualified);
workouts, restructurings and bankruptcy;
corporate transactions;
partnerships and LLCs;
financial products;
- Tax aspects of real estate development, property finance, and like-kind exchanges;
international transactions (both inbound and outbound); and
- Tax-exempt organizations (including healthcare, advocacy and religious organizations).

In addition to transactional work, Joe represents clients in tax controversy work, including audits, appeals, National Office submissions, and regulatory hearings, as well as Tax Court and District Court litigation

Joe is a frequent writer and speaker on a variety of business, tax and finance topics. He has published almost 100 articles in journals or in-house newsletters, and has participated in over 60 presentations or seminars. His articles have appeared in the National Law Journal, Mergers & Acquisitions magazine, Tax Notes Today, the Journal of Real Estate Taxation, the Journal of S Corporation Taxation, the Journal of Multistate Taxation, Tax & Finance Newsletter, and the NYU Institute on Federal Taxation. In addition, he has spoken at meetings and seminars organized by numerous organizations, including the American Bar Association, the White House Conference on Small Business, the U.S. Small Business Administration, the Georgia Electronic Commerce Association, the Federation of Exchange Accomodators, the International Reinsurance Conference, the Service Corps of Retired Executives, the American Health Lawyers Association, the Southeastern Health Law and Policy Forum, and the United Way, as well as several panel-type TV discussion programs.

Joe is admitted to practice in Georgia, the District of Columbia and Louisiana.

Handout Materials
Presentation Slides
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

NASBA Approved

CPAwebengage, Inc. (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAwebengage Inc. 1857. W 34th Ave, Denver, CO 80211

Irs

EA Approved

CPAwebengage, Inc. (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary. <br/><br/> <strong>CPAwebengage Inc. 1857. W 34th Ave, Denver, CO 80211</strong>