(Updated for the Tax Cuts and Jobs Act) 8-Hour Program
WHY ATTEND THIS COURSE?
Partnership taxation is arguably the most complex area of tax that most CPAs will deal with, and that complexity carries over to preparing the Form 1065. This course, designed for CPAs who are comfortable with the basics of individual and business income taxation, will look at applying the various provisions that must be considered when preparing a partnership’s Form 1065. The Tax Cuts and Jobs Act has added a new layer of complexity with the qualified business income deduction for passthrough income that CPAs preparing Forms 1065 must deal with. The CPA will gain a base of knowledge to allow him to properly prepare those 1065s for which he is engaged to perform the compliance services, and enable the CPA to then be ready to add to that knowledge with more advanced training to enable him to assist clients in planning engagements regarding partnerships.
Accountants who prepare, or will be preparing, Forms 1065. May also be suitable for accountants in public practice or controllers of S corporations.
Participants will be able to:
COURSE ACRONYM: PF65
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Intermediate
ADVANCE PREPARATION: None
FIELD OF STUDY: Taxes/Partnership Taxation
RECOMMENDED CPE CREDIT: 8 hours
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are 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.