Partnerships and LLCs - Part 4

Exam Questions: 30
Course Level: Basic
Pages: 134 | Content: 120, Supplemental: 14
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7935A

This course is the fourth and final part in a series that delves into the complex issue of partnership taxation. It communicates the important facts using direct and understandable language, plus it is filled with illustrative examples, observations, and charts to provide clarity throughout. This final part is focused on advanced topics including related party and disguised sales, the death or retirement of a partner, and special rules for S Corporations. All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00495-22-S

Choose Your Format to ADD TO CART:

Go to CART

Course Information

Table of Contents
  • Related Party and Disguised Sales
  • Death or Retirement of a Partner
  • S Corporations
  • To recall the factors considered to determine whether a disguised sale took place
  • To identify scenarios in which Code Sec. 736 and Code Sec. 737 would apply
  • To identify the requirements of an S corporation

PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.