Partnership Basis and S Corporation Basis {Form 7203} ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $174.00
Non-Member Price $200.00
Overview
As a tax professional, it’s imperative to know basis rules and calculations for our clients that are shareholders and or partners in Pass-through entities. Furthermore, we must analyze how basis rules affect their individual Form 1040 tax return. This session will provide a valuable and essential overview for Partnership and S Corporation basis issues.
Highlights
Basis rules and calculations.
Prerequisites
None.
Designed For
CPAs.
Objectives
Determine when and why we need basis for our clients’ Pass-through entities. Analyze Form 7203. Examine the significance of basis. Explain who is responsible for keeping basis. Differentiate inside and outside basis. Review basis calculation for partners and shareholders. Assess the election pursuant to Regulation 1. 1367-1(g).
Preparation
None.
Notice
None.
Leader(s):
- A J Reynolds, Western CPE
Non-Member Price $200.00
Member Price $174.00