The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent
8.00 Credits
Member Price $359.00
Price will increase by $50 after 11/24
Non-Member Price $459.00
Price will increase by $50 after 11/24
Overview
This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques,innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations,partnerships, LLCs, and LLPs. In addition, this course will discuss current trends and emerging issues, helping practitioners stay informed about relevant and significant topics that may impact their clients. Continually updated to reflect enacted legislation.
Highlights
Discussion of key individual provisions of the One Big Beautiful Bill Act, such as TCJA provisions made permanent, new tip income deduction, new overtime pay deduction, Trump accounts, and the expanded SALT cap.
Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to:
- Bonus Depreciation made permanent
- Increased §179 deduction
- Changes to §174 R&E Expenditures
- Changes to §163(j)
- Form 1099/1099-K changes
- Qualified Small Business Stock Exclusion
- Excess Business Loss Limitation
Section 1244 Small Business Stock and Section 1202 Qualified Small Business Stock treatment and applicability
Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes
Partnership Distributions, Form 7217, and S Corporation Redemptions
Thinking beyond §163(j) -- Interest Allocation Rules, Original Issue Discount, Applicable High Yield Discount Obligations, Convertible Corporate Debt Instruments, and Debt-Financed Distributions
Timely coverage of breaking tax legislation
Selected Practice and Reporting Issues: What’s new?
A review of recent cases and tax law changes and IRS guidance affecting S corporations, partnerships, limited liability companies, and limited liability partnerships
Decentralized Autonomous Organizations (DAOs)
Prerequisites
Experience with pass-through entity clients
Designed For
All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their business clients or employers
Objectives
- Understand the major issues on which taxpayers and the IRS are in conflict
- Understand recent IRS guidance and legislation impacting pass-through entities
Preparation
None
Leader(s):
Leader Bios
Edgar Gee
Edgar H. Gee is a local firm practitioner with over 50 years of professional experience. He works closely with small businesses in areas of tax planning, IRS representation, and litigation support services. A noted author, Mr. Gee has published articles in the Tax Advisor relating to the largest independent contractor case against the IRS in U.S. history. He testified before the U.S. House of Representatives Subcommittee on the Oversight of IRS Activities in 1996. He is co-author of PPC’s Guide to Worker Classification. Winner of the Max Block Award by NYSSCPAs for Distinguished Article of the Year 2000, Independent Contractor or Employee: How the Process Works Today, Mr. Gee speaks nationally to many professional organizations. He was past president of the Knoxville Chapter of the Tennessee Society of Certified Public Accountants. He was the recipient of the Discussion Leader of the Year award from the Tennessee Society of CPAs in 2001. He is noted in national bestseller “What the IRS Doesn’t Want You to Know” regarding independent contractor issues.
Non-Member Price $459.00
Member Price $359.00