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Self-Study CPE
ESOP OVERVIEW FOR OWNERS, CFOs & CPAs
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1099 REGULATIONS & CHALLENGES
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FRINGE BENEFITS ALPHABET SOUP
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AMENDING TAX RETURNS: THE X FACTOR
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2022 FILING SEASON CHANGES FOR 1099 REPORTING
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INDIVIDUAL TAX UPDATE 2022
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BUSINESS TAX UPDATE 2022
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CRYPTOCURRENCY TAXATION: WHAT PRACTITIONERS NEED TO KNOW
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CRYPTOCURRENCY TAX UPDATE 2022
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IRS FORM 1040 SCHEDULES C AND E: SIMILARITIES AND DIFFERENCES
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Cpece webinars
Schedules K-2 and K-3: How to Prepare (or not) for 99% of Clients

SCHEDULES K-2 AND K-3: HOW TO PREPARE (OR NOT) FOR 99% OF CLIENTS

Available Date(s)
Friday, August 26, 2022: 2:00PM EDT

Cost $40.00
CPE Credits 2.0 hours
Subject Area 2.0 - Taxes (Federal Tax Update)
CE Credits 2.0 hours
Course Id# - HURS9-U-01197-22-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

On 1/18/22, the IRS knocked 2021 Forms 1065 and 1120-S out of orbit. In a jolting new move, the IRS has made every domestic U.S. Form 1065 and 1120-S preparer responsible to prepare and file Schedules K-2 and K-3—re: international (though 99% of the time not apparently relevant)—or else do mandatory new due diligence to sidestep it.

Every domestic (and foreign) partnership (and S Corp) must immediately concern itself with all-new Schedules K-2 and K-3. This course shows you exactly what to do in response.

Learning Objectives:


  • Identify how to complete forms K-2 and K-3 for wholly domestic partnerships and S Corps 

  • Determine how to perform due diligence to avoid completing the lengthy (39 pages) Schedules K-2 and K-3

  • Recognize “items of international tax relevance"

Linkedin

Bradley Burnett

Bradley Burnett Tax Seminars, Ltd.
Tax Attorney, Tax Advisor, Tax Instructor
bradleyburnett10@gmail.com
(720) 936-6003

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Bradley Burnett is a practicing Colorado attorney with 33 years of experience working specifically on tax issues. His practice specializes in tax planning and tax controversy resolution. Mr. Burnett has authored and delivered more than 3,000 presentations on U.S. tax law in the U.S. and international jurisdictions.

Additional Materials
Webinar Technical FAQs
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

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Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 35 CPE courses.